according to the previous analysis, the latest changes are considered.
after completing the "b" wave, i expect to crash again as a zigzag pattern
but consider that the zigzag can change to the flat pattern.
in this case, we will have a "double bottom" pattern and the price wont go below 7400 $.
after completing the "b" wave, i expect to crash again as a zigzag pattern
but consider that the zigzag can change to the flat pattern.
in this case, we will have a "double bottom" pattern and the price wont go below 7400 $.
Note
stop for this analysis is $ 10600SL= $ 10600
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.