In my opinion, the pair in ABC correction, we are in C leg of correction and this leg is formed as a expanding ending triangle. In ending triangle waves have a 3-3-3-3-3 formation, as you can see in the chart c minor leg of fifth up wave of ending triangle is forming, 2.618 extension of a wave comes at the D point, so I'm expecting very dramatic downward move at D point. Good luck!
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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.