It seems like wave 2 is taking the form of a double zigzag. As shown of the two-hour chart below, wave (b) of ((y)) is over, so the market is unfolding wave (c). At the smaller degree, there’s an ongoing bullish impulse for wave (c) of ((y)). In this case, we’re likely going to have the rest of a fourth-wave correction before wave v of (c) begins.
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