The current upsay has all the signs of being formed into the final retracement for wave D, in a 5-0 reversal pattern, provided that the price does not go above $ 45869, which is the classic rule put forward to the formation for this pattern, where wave D should end 50% of the retracement from wave C and fit into the boundaries of the descending channel, which...
68 $ when the price level is overlapped, a potential passage to the main price level to buy which is on the price tag 51 $
the main buy level is in support at 201.38, but it is possible to try to buy a third of the volume at current prices, near the lower line of the Wolfe Wave pattern
in the short term, see the emery target at 12108, provided that the price does not break upward price channel
the price has come to the expected targets as part of the global long-term cumulative segment as part of the correctional senior fourth wave, and is currently available in wave (D) where I subsequently allow rebound from the upper trend line of the triangle into wave (E), where already after confirmation the initial five-wave structure, it is possible to resume...
wave A in the composition of the senior wave (D) in the fourth wave of the senior wave level I think it’s complete and later I expect to see downward movement in wave B, where positional purchases are possible in a potential upward movement consisting of wave C to the top line of the triangle
according to the technique, a possible local reversal, can work through a local double bottom, first to the downtrend, and there already if the price breaks through it, then when the price mark 2716 is closed, the formation a reversal pattern with a movement to the upper resistances, and there already from them most likely down ...
in which I assume the formation of the constituent waves of the triangle in the senior wave, the primary wave level where the missing waves to confirm this hypothesis are wave (D) and wave (E), the intermediate wave level where to work from long is possible from current levels with acceptable risks to a price mark of 6800 and higher, in flesh to the upper limit...
possible movement in a bunch of ((x)) followed by a downward movement in the second zigzag during development deep correction
I expect a further decline in the downward correction to the minimum target of 0.38 fibo from the first senior wave in the second correctional
SHORT as a part of correction in the MINOR second wave
the final diagonal in the fifth minuette wave level of the wave, which has come to its completion, as evidenced by the divergence the discrepancy between the price indicators and the indicator rsi that generates an additional sell signal
following goals 1138 and possibly 3569 where the first high wave will finish
perhaps the first minor wave level is formed, in which case a correction will follow in the second, as confirmation we should see a triple of the corresponding wave level in the second minor wave level of the wave will follow
The main scenario in which the wave counting in the main correction wave of the double zigzag of the minute wave , which schould be formed at approximately the price level 9431$ which usually corresponds to the local resistance in zigzags a = c, remains valid, if the price is fixed at a price level of 9431$ in this case, we move on to an alternative scenario...
To confirm this scenario, you must confirmation in the form confident breakdown and consolidation over 9400$ a refutation of the current markup, with two first waves of a different wave level, will be the price pass for the base of the first sub wave, which is inside the alleged third wave of the minute wave level