It is in the wave 1 - 2 state. From RSI, it shows that Wave C is finished.
2 scenario can do.
1. If it is the reversal point. it will go up to make Wave 3.
2. If it not the reversal point, it will go down for 61.8, 78.6 retracement.
2 scenario can do.
1. If it is the reversal point. it will go up to make Wave 3.
2. If it not the reversal point, it will go down for 61.8, 78.6 retracement.
Comment:
Scenario 1 is complete!
