Wedge on CME exchange, wave marking
Wave formation on the CME exchange:
The asset draws a wedge formation, which means most likely either the leading or an ending diagonal triangle. If the leading one (as we have on the graph), then in the wave A of Y. If the ending one, then the wave C of the zigzag ABC. It doesn’t matter which formation looms, the important thing is that according to the supposed movement the charts are similar to cryptocurrency exchanges (we threw their analysis yesterday). We expect another local upward movement in the 5th wave and with subsequent good correction down
The asset draws a wedge formation, which means most likely either the leading or an ending diagonal triangle. If the leading one (as we have on the graph), then in the wave A of Y. If the ending one, then the wave C of the zigzag ABC. It doesn’t matter which formation looms, the important thing is that according to the supposed movement the charts are similar to cryptocurrency exchanges (we threw their analysis yesterday). We expect another local upward movement in the 5th wave and with subsequent good correction down
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