In the first analysis we saw the possiblity Wave 3 as a break out followed by Wave 4 as the correction and Wave 5 as the crash -» 
Yesterday the bulls were really strong and if it keeps up like this, we can have the termination of Wave 3 already.
Meaning Wave 4 can be a much bigger correction and possibly the begining of a Range.
This Range can take up for weeks maybe months again depending on what the market will decide -» a big correction to the downside is not excluded yet.
Please like, if you feel this post deserves it :)
Yesterday the bulls were really strong and if it keeps up like this, we can have the termination of Wave 3 already.
Meaning Wave 4 can be a much bigger correction and possibly the begining of a Range.
This Range can take up for weeks maybe months again depending on what the market will decide -» a big correction to the downside is not excluded yet.
Please like, if you feel this post deserves it :)
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Related publications
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.