Possible scenario that suggest the completion of the 5 wave down . the divergence on RSI is a sign that wave 5 of A might be completed . price needs to break 41330 to confirm completion .
Usually Wave 5 = wave 1, or 0.618, or 0.382 x the net of waves 1 thru 3
if the price breaks below 28805, then wave 5 of A is not yet completed .
if this scenario is correct we should see a very strong up trend coming soon as the start of wave 3 .
Good Luck
Usually Wave 5 = wave 1, or 0.618, or 0.382 x the net of waves 1 thru 3
if the price breaks below 28805, then wave 5 of A is not yet completed .
if this scenario is correct we should see a very strong up trend coming soon as the start of wave 3 .
Good Luck