Simple Zigzag or complex correction.
4th waves commonly unfold as triangles. so that's what we should expect. If so, price wont fall below 33.1 for that we'll have to see what happens after the complete cycle is unfolded.
4th waves commonly unfold as triangles. so that's what we should expect. If so, price wont fall below 33.1 for that we'll have to see what happens after the complete cycle is unfolded.
Comment:
This looks like a Flat zigzag wave. The last uptrend doesn`t look like an impulse So the 4th wave still unfolding and a C wave would ve comming. Check the related idea.
