Looks like a flat is going to be forming. ED of a subwave flat is finishing. If you look closely we have a flat within a flat within a flat. Don't be confused this is all corrective, the giveaway is all the overlap that is occurring. We are also bouncing off downtrendline that is acting as support.
Giao dịch được đóng thủ công:
We got the bounce I was looking for but it was a weak bounce. It looks like a 2nd wave. I am now expecting 5 waves down from 18 Nov High to around 6.
Bình luận:
The alternative is that we are putting 1-2 up from yesterday's low. We are in neutral zone rn. We should have a decision when either the HOD or LOD breaks.
