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.
A three-wave advance finished below 0.9199, so wave ii might have been in place. If correct, bearish wave iii has begun, so the market should continue declining 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.
A three-wave advance finished below 0.9199, so wave ii might have been in place. If correct, bearish wave iii has begun, so the market should continue declining in the short term.
