That correction is posible because a complex correction formed by an abc (flat - W wave), abc (Zig Zag - X Wave) and a contracting triangle (by 5 waves) to complete Y wave and finishing 4th red Wave.
So i recommend to wait on next levels on triangle to enter Long or Short depending Risk you want to take.
Good Luck everyone.
So i recommend to wait on next levels on triangle to enter Long or Short depending Risk you want to take.
Good Luck everyone.
