This is typical for wave 5. Many times this wedge show up, ending diagonal. It goes A to E like the chart shows. Im guessing this is the beginning of wave 2 down to 1500-1450lvl. After that we shall see big wave 3 up to 1640. Wave to usually go minimum to 0.5 of big wave 1 but also could go as low as 0.854 in total. see fibb lvl.
Best regard Xeptortrading.
Not and investing advice. please follow and like my Ta's
Best regard Xeptortrading.
Not and investing advice. please follow and like my Ta's