The current upsay has all the signs of being formed into the final retracement for wave D,
in a 5-0 reversal pattern,
provided that the price does not go above $ 45869, which is the classic rule put forward
to the formation for this pattern,
where wave D should end 50% of the retracement from wave C
and fit into the boundaries of the descending channel,
the price has come to the expected targets as part of the global long-term cumulative segment as part of the correctional senior fourth wave, and is currently available in wave (D) where I subsequently allow rebound from the upper trend line of the triangle into wave (E), where already after confirmation the initial five-wave structure, it is possible to resume...
wave A in the composition of the senior wave (D) in the fourth wave of the senior wave level
I think it’s complete and later I expect to see
downward movement in wave B,
where positional purchases are possible in a potential upward movement
consisting of wave C to the top line of the triangle
according to the technique, a possible local reversal, can work through a local double bottom,
first to the downtrend, and there already if the price breaks through it, then when the price mark 2716 is closed, the formation
a reversal pattern with a movement to the upper resistances, and there already from them most likely down ...
in which I assume the formation of the constituent waves of the triangle in the senior wave, the primary wave level
where the missing waves to confirm this hypothesis
are wave (D) and wave (E), the intermediate wave level
where to work from long is possible from current levels with acceptable risks
to a price mark of 6800 and higher, in flesh to the upper limit...
the final diagonal in the fifth minuette wave level of the wave, which has come to its completion, as evidenced by the divergence
the discrepancy between the price indicators and the indicator rsi that generates an additional sell signal
perhaps the first minor wave level is formed, in which case a correction will follow in the second, as confirmation we should see a triple of the corresponding wave level in the second minor wave level of the wave
The main scenario in which the wave counting in the main correction wave of the double zigzag of the minute wave , which schould be formed at approximately the price level 9431$
which usually corresponds to the local resistance in zigzags a = c, remains valid, if the price is fixed at a price level of 9431$ in this case, we move on to an alternative scenario...
To confirm this scenario, you must confirmation in the form confident breakdown and consolidation over 9400$
a refutation of the current markup, with two first waves of a different wave level, will be the price pass for the base of the first sub wave, which is inside the alleged third wave of the minute wave level