The price went through the high of wave (a), but wave (c) of ((ii)) is likely going to be longer. If correct, after a local correction, the market should continue moving up in the short term.
Today’s’ advance highlights an opportunity to have a longer wave ((ii)). In this case, the high of wave (a) is likely going to be broken in the coming hours.
The last advance is likely a second-wave correction. If so, the previous decline is wave ((i)). In this case, as long as the price below the high of wave ((ii)), the bearish opportunity remains in force.
The current advance is likely a second-wave correction. If so, the last decline is wave ((i)). In this case, as long as the price below the high of wave ((ii)), the bearish opportunity remains in force.
The current advance is likely a second-wave correction. If so, the last decline is wave ((i)). In this case, the bearish opportunity remains in force.
The current advance is likely a second-wave correction. If so, the last decline is wave ((i)). In this case, the bearish opportunity remains in force.
The market has been declining since wave ((ii)) finished as a zigzag. In this case, as long as the price remains below the low of wave ((i)), the price might continue moving down.
The market has been declining since wave ((ii)) finished as a zigzag. In this case, as long as the price remains below the low of wave ((i)), the price might continue moving down.
We can’t rule out that a second-wave correction is over. In this case, as long as the price remains below the high of wave ((ii)), the bearish opportunity will remain in force.
We can’t rule out that a second-wave correction is over. In this case, as long as the price remains below the high of wave ((ii)), the bearish opportunity will remain in force.
