We have a clear 5 waves up move followed by a correction lower playing out as a probable ABC ZigZag with wave B being a Barrier Triangle (= B,D trend line is flat).
Triangles precede the last move of the higher degree wave which clearly indicates we are in a ABC correction (unless proven wrong)
So, we should get an impulsive wave lower (or ending diagonal) for wave (C) of ((B)).
Probable target levels are at drawn Fib clusters around 94.7 95.7 and 85.50 to 86.40.
Triangles precede the last move of the higher degree wave which clearly indicates we are in a ABC correction (unless proven wrong)
So, we should get an impulsive wave lower (or ending diagonal) for wave (C) of ((B)).
Probable target levels are at drawn Fib clusters around 94.7 95.7 and 85.50 to 86.40.
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