It looks like two alternative patterns are playing out:
A final expanding ending diagonal in a 5th wave, and when diagonals do end, they target the beginning of the move very quickly.
Or a B wave in a flat structure, which needs a C wave, and again, this will target the $3500 price.
Both mean we will soon have an explosive ending and it will target the October 2022 low.
A final expanding ending diagonal in a 5th wave, and when diagonals do end, they target the beginning of the move very quickly.
Or a B wave in a flat structure, which needs a C wave, and again, this will target the $3500 price.
Both mean we will soon have an explosive ending and it will target the October 2022 low.