If we treat the structure shown on the chart as a completed 1-2 setup, then a strong uptrend is highly likely to have started.
Wave B within wave 2 corrective structure is a complex correction, first target is to take out the extreme of the first impulse at 27. If price makes further consolidation at the level, that would be a good place to add with the trend.
Good luck!
Wave B within wave 2 corrective structure is a complex correction, first target is to take out the extreme of the first impulse at 27. If price makes further consolidation at the level, that would be a good place to add with the trend.
Good luck!