Possibly in a descending triangle as part of a larger B wave (blue waves). C of B (yellow waves) could break out of the triangle and back to the starting point before larger C leg down, either 1.618 of blue B wave, or 1.618 of blue A wave.
I'll be ready to buy around these points if price action looks good as I believe it could be starting wave 3 up soon.
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.