Look out for the Ending Diagonal to form for C Wave of the extended flat. $45K remains the target.
Comment:
Z Wave Zig Zag not yet finished. We’ll probably see big bounce from $50K.
Comment:
Trade active:
The current Running Flat may very well be only the first (A) corrective wave of the ABC formation. The previous subwave 4 ends in the $38K-$40K region, watch out for this target if the pump from $45K area fails to make a new high.
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