ARBITUM UPDATE - REDEFINED CHARTARB UPDATE
This is the correction / update to the previous analysis that invalidated based on my error, shouldn't miss twice and I believe this will make it up.
Like I said, I expect BINANCE:ARBUSDT to make a new swing high before the mid term downtrend began (see previous analysis below for context).
Now I expect price to retrace down from this 45 minutes timeframe to create a new swing low (highlighted box) but must not touch the invalidation level before the swing high will be created. Nothing complicated just follow the path wave line (grey line) if you don't understand the technical.
I will like update and upload a setup later.
SOME PREVIOUS ANALYSIS