I still think the low at 2.1k is solid and there are 2 cases possible here.
1.The 4th wave has ended and the current swing is the 1st impulse.
2.The 5th of the C is not finished yet and is going for a diagonal finish.
The target for the 1st impulse of the large 5th is at the middle of this significant channel drawn in the chart
Well the most bearish case only happens when the channel is broken..
1.The 4th wave has ended and the current swing is the 1st impulse.
2.The 5th of the C is not finished yet and is going for a diagonal finish.
The target for the 1st impulse of the large 5th is at the middle of this significant channel drawn in the chart
Well the most bearish case only happens when the channel is broken..