We should have finished an ending diagonal wave ((c)) of B and are going lower now for wave C which could take us down to 96 and lower.
If price makes a new high, we need to make a new count but it shouldn't be much different than current one.
If price makes a new high, we need to make a new count but it shouldn't be much different than current one.
Note
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Note
We might in a flat pattern here and see a fake break before pushing one more time higher Note
As expected we were still in wave 4 and saw a new push higher but we seem to have found a top at 1.00.Now, we're in what seems to be a leading diagonal, which indictates lower prices will come (but beware of a wave 2 pullback first!).
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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.