At the D1, FTM currency is in wave 3 or C, which can move up to at least 100% of its previous wave. If the candlestick penetrates the specified range, this analysis will be invalidated. But if this does not happen, we can expect this rising wave to return. As can be seen in the figure, these three corrective waves have continued until 1.272 Fibo, which should be expected to return in the same area. In addition, the 1.618 Fibo area penetrates below the neck line, which is not clear for this purpose, and if it is corrected up to the 1.618 area, the analysis will be invalid.
Comment:
The analysis was invalidated. As a result, it can complete the modification after the pullback to the neck line until the next floor.
