Looking at potential down move breaking the low of the y-wave to complete an w-x-y-x-z corrective structure, this will complete a C wave on a higher degree and a B wave on a next higher degree.
I believe as soon as price breaks the low of the y-wave, this will create a sharp and big move up.
I believe as soon as price breaks the low of the y-wave, this will create a sharp and big move up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.