As illustrated on the 4h-frame above, CLSK's correction in Minor degree wave B still remains in very late stage!
As anticipated on the structure of current decline in double zigzag wave ((y)) the correction in wave (b)'s quite done, and the following decline in its wave (c) would be expanding in a five-wave impulse likely in couple of weeks ahead. Currently, further decline of wave (c) would lie ahead( by 24%), and the ultimate target remains intact as well >> 6.27
CLSK might well conclude the entire correction in its wave B, on converging its Fib- expansion levels( level 1, where the ongoing wave ((y)) would equal the wave ((w)) & level 1 on the Fib channel ).
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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.