based on the above count, the long-term trend remains bullish, either wave (3) or wave (C) rally is under way
Nota
Nota
If this is a flat correction, red wave {c} is likely to re-test wave {a} low at 1.52747.also be aware that the length of wave {c} of an expanded flat often equals to 1.618 times the length of wave {a} (at 1.4874) OR wave {c} could end beyond the termination point of wave {a} by 0.618 times the length of wave {a} (at 1.4708)
Nota
Nota
It seems that the flat correction could be ended at the recent low.Nota
break above 1.5782 ( the end of wave (iv)) should confirm the above assumption.
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
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'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email：info@ewc.space
Email：info@ewc.space
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.