Ethereum may go up with an impulse to end an expended flat correction.
Wave A that may form flat pattern is a zigzag with wave B a triangle
Wave B that may form flat pattern is a zigzag also but with wave B a complex correction WXY.
Also wave B it pass below starting point ot wave A.
Wave C We have 2 waves (2 ABC) and now I think we have a wave 1 from an impulse Wave C that will form flat correction.
Wave 2 from it may not be ended at the time I am writting this.
What is important here is that the price break above 1300 to can say that wave 2 is finished and to have more confidence in this count.
Below 1189 this count is invalidated.
I will update this count when I will see more price action.
If you like my analysis subscribe for future ideeas and updates and hit the like button.
Thank you and good luck!
Wave A that may form flat pattern is a zigzag with wave B a triangle
Wave B that may form flat pattern is a zigzag also but with wave B a complex correction WXY.
Also wave B it pass below starting point ot wave A.
Wave C We have 2 waves (2 ABC) and now I think we have a wave 1 from an impulse Wave C that will form flat correction.
Wave 2 from it may not be ended at the time I am writting this.
What is important here is that the price break above 1300 to can say that wave 2 is finished and to have more confidence in this count.
Below 1189 this count is invalidated.
I will update this count when I will see more price action.
If you like my analysis subscribe for future ideeas and updates and hit the like button.
Thank you and good luck!
