It can be said that we are at the starting point of a bearish/range cycle, an upward rally from the bottom of 127 was a B-wave of a (Elliott flat) corrective pattern that was an Elliott triangle, whose last wave or branch ended as a complex pattern .
C-wave of (Elliott flat) :
We have realized that the time minimums of this wave will be at the end of September and the price minimums will be around 142. Please note that this time/price range is the minimum for branch C of the Elliott Flat, and the termination of this wave can be far beyond these ranges, which we will discuss later. Therefore, consider any upward correction to the range of 148-149 as a selling opportunity.
C-wave of (Elliott flat) :
We have realized that the time minimums of this wave will be at the end of September and the price minimums will be around 142. Please note that this time/price range is the minimum for branch C of the Elliott Flat, and the termination of this wave can be far beyond these ranges, which we will discuss later. Therefore, consider any upward correction to the range of 148-149 as a selling opportunity.
