It is possible to have uptrend continuation, if price rebound in the downside of the channel. This will be more stronger with supporting of ab=cd (12045), and with the support line 12072.
In this case there is pocibillity to have wave {5} of v of (iii).
In this case there is pocibillity to have wave {5} of v of (iii).
Comment:
Comment:
In 1h time frame,as we see, there is a possibility to have a Cypher pattern in development.
Comment:
It seems that the second scenario is in development.