I am expecting the ABC correction of wave 4 is almost over and we will see the 5th impuls wave beeing formed after the break of the descending triangle
Note
A little bit earlier than expected, but a perfect touch of the 1.236 FIB expansion of A-B. IMO we will be rangebound for several hours if not days before the big move. I do believe 1.236 is the bottom and we have completed the ABC correction/put in wave E of the corrective triangle:
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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.