This is what I believe price action is doing right now.
Note
Bigger picture: Note
Odd how noone pointed this out yet but that's not a running flat but a zig-zag. Anyways there's the possibility for one more leg up as we're coming down slowly: Note
Note
Since the Y-wave was much more impulsive than anticipated we could possibly be falling through here already.
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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.