This is the update of my first post on TW
It seems to me, that the chart is quite clear.
Current pullback is about 62% Fibo and straight into the upper border of the base channel.I labelled it as the second wave.
Expecting further downside in the BIG Triangle on the daily chart. Be ready for a great move in a 3/3 wave, that should be strong and vertical. AO or MACD should confirm the 3/3 being at the extreme.
This is not a trade call.
It seems to me, that the chart is quite clear.
Current pullback is about 62% Fibo and straight into the upper border of the base channel.I labelled it as the second wave.
Expecting further downside in the BIG Triangle on the daily chart. Be ready for a great move in a 3/3 wave, that should be strong and vertical. AO or MACD should confirm the 3/3 being at the extreme.
This is not a trade call.