Hello Traders
The higher degree structure should be a correction between the green lines. And as you can see, the C wave is in the making inside that correction. Any last low can be the end of the whole downward structure and it can go up but my main forecast is a running flat as the 4th wave and one more drop. What we have at the very end can be a reversal impulse. Now, I'm waiting for a correction to place a pending order.
Trade with care.
Bulent
The higher degree structure should be a correction between the green lines. And as you can see, the C wave is in the making inside that correction. Any last low can be the end of the whole downward structure and it can go up but my main forecast is a running flat as the 4th wave and one more drop. What we have at the very end can be a reversal impulse. Now, I'm waiting for a correction to place a pending order.
Trade with care.
Bulent
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.