The Rally consists of an Impulsive Sequence which from the perspective would signal more room for the up-side. However, a Retracement is required for the Cycle to continue.
Impulsive Swing has been labeled as Intermediate (A) (green) and as it can be seen, after it completed, the Corrective Pattern commenced in the beginning of 2018.
From a technical standpoint, the Corrective Pattern would suggest a possible outcome as the most likely next swing.
Intermediate (B) Correction (green) has been classified / labeled as a Double Three, which is developing within a and possibly awaiting important Fibonacci levels before a possible outcome.
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