So, think this shall be either an expanded or standard flat.
I'm 99% sure that's a running B wave and C could be over, which means impulsive week.
alternatively this could breakdown - as the wave 3 of wave 3 has yet to go above the resistance in the pattern and could become an ABCDE, leading swift downside during the next few days. Probably a hint towards the whole rest of the market's emotions because IDK when that will finally full blown ABC for us. (5,3,5)
I'm 99% sure that's a running B wave and C could be over, which means impulsive week.
alternatively this could breakdown - as the wave 3 of wave 3 has yet to go above the resistance in the pattern and could become an ABCDE, leading swift downside during the next few days. Probably a hint towards the whole rest of the market's emotions because IDK when that will finally full blown ABC for us. (5,3,5)
Note
apologies if colors are confusing
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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.