The answer is looking more and more like NO.
On the 1 Hour chart, you can make out what could be a small 1 Dn, 2 Up and start of 3 Dn, which could be part of the start of wave 1 Dn where there would be 5 wave to complete c Dn for either A Dn or C dn.
A worst-case scenario would be that the lower blue channel line will be broken, and price will fall to the lower line of the new shaded channel I just added before this correction is over.
It's still early but preparing!
On the 1 Hour chart, you can make out what could be a small 1 Dn, 2 Up and start of 3 Dn, which could be part of the start of wave 1 Dn where there would be 5 wave to complete c Dn for either A Dn or C dn.
A worst-case scenario would be that the lower blue channel line will be broken, and price will fall to the lower line of the new shaded channel I just added before this correction is over.
It's still early but preparing!
