We are in a corrective structure.....After market made a 1-2-3-4-5 basic (with ending diagonal
). We would expect a deep correction. The correction can be a simple ABC
or a complex WXYXZ...no one knows what the actual corrective structure would be but looks most likely that price may still hit the $9,000 mark before the bulls takeover.
Check my previous analysis where i predicted the fall below.
We would keep monitoring the formations.
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Happy Trading (*_*)