There’s a local advance, which brings more evidence that wave 2 is over in the form of a zigzag. If so, the market should continue rising towards the high of wave 1.
There’s a local advance, which brings more evidence that wave 2 is over in the form of a zigzag. If so, the market should continue rising towards the high of wave 1.
There’s a local advance, which brings more evidence that wave 2 is over in the form of a zigzag. If so, the market should continue rising towards the high of wave 1.
The low of wave ((a)) has been broken, but wave ((c)) is likely going to be a little bit longer. In this case, after a short break, the price should continue declining.
There’s a three-wave upward price movement, which is likely wave ((b)). If so, the market should break the low of wave ((a)) before a third-wave advance begins.
The last advance is likely wave 1, which is the beginning of a larger third-wave rally. Wave 2 might have been in place, probably in the form of a double zigzag. If so, the market should break the high of wave ((x)) soon.
The last advance is likely wave 1, which is the beginning of a larger third-wave rally. In this case, the current decline is likely wave 2, which is probably taking the form of a double zigzag. If correct, the price should break the low of wave ((w)) soon.
The last advance is likely wave 1, which is the beginning of a larger third-wave rally. In this case, the current decline is likely wave 2. We should be careful because we can’t rule out a further consolidation.
The last advance is likely wave 1, which is the beginning of a larger third-wave rally. In this case, the current decline is likely wave 2. We should be careful because we can’t rule out a further consolidation.
It seems like the current decline is the fourth wave of wave 1. If correct, the market should break the high of wave ((iii)) in the short term. A wave 2 correction will begin a little later on.