Wave 2 might have been in place as a double zigzag. The current downward impulse is supposed to be wave ((i)), as shown on the 15m chart below. Wave (v) is almost over, so a second-wave correction should begin soon.
Wave 2 might have been in place as a double zigzag. The current downward impulse is supposed to be wave ((i)), as shown on the 15m chart below. Wave (v) is likely over, so a second-wave correction should begin soon.
A bearish impulse in wave a has finished. As you can see on the 15M chart below, wave ((5)) took the form of an ending diagonal. If correct, we’re likely at the early stages of an upward correction, which is supposed to be wave b …
