We have 3 possibilities at present time,
either we see price drop sharply in impulsive fashion, which would make this a Flat correction
Or, it makes only a 3 waves correction, which would increase the chances of a Triangle playing out (favorite count)
or, of course, this could just continue rallying higher which would indicate that wave 4 is in place and we're off for wave 5.
either we see price drop sharply in impulsive fashion, which would make this a Flat correction
Or, it makes only a 3 waves correction, which would increase the chances of a Triangle playing out (favorite count)
or, of course, this could just continue rallying higher which would indicate that wave 4 is in place and we're off for wave 5.
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Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !