in my opinion there are 3 scenarios
scenario 1: this rise is an incomplete wave 1 for a big wave 3 beyond 0.003
scenario 2: this rise is a completed abc retracement ( wave B ) to the 5 wave correction ( wave A ) and we are going further down of 0.00026 for a wave C
scenario 3 ( what is drawn and i believe in ) :
we are at near end of a 5 wave A for a bigger ABC retracement of a big 5 wave correction and the pathway that is shown....
all this pathway is a big wave 2
scenario 1: this rise is an incomplete wave 1 for a big wave 3 beyond 0.003
scenario 2: this rise is a completed abc retracement ( wave B ) to the 5 wave correction ( wave A ) and we are going further down of 0.00026 for a wave C
scenario 3 ( what is drawn and i believe in ) :
we are at near end of a 5 wave A for a bigger ABC retracement of a big 5 wave correction and the pathway that is shown....
all this pathway is a big wave 2
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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.