I consider two probable long-term scenarios:
- a large WXY, and
- and ABC, with the wave C taking the form of an ending diagonal.
These are on a weekly frame.
On a daily frame I see also an ending diagonal pattern, that requires making a lower low. With respect of the target - it should be around 1,3 (62% length of the wave 3 of this wedge).
Good luck!
- a large WXY, and
- and ABC, with the wave C taking the form of an ending diagonal.
These are on a weekly frame.
On a daily frame I see also an ending diagonal pattern, that requires making a lower low. With respect of the target - it should be around 1,3 (62% length of the wave 3 of this wedge).
Good luck!
