Move Down made picture a lot clearer. Seems likely we have finished 5 waves up. The correction Down was an exp. Flat. It remains to be seen if the 5 waves up was a 1st wave of higher degree or an a wave of a zigzag up. Note that wave 3 is equal to wave 5 and that rsi were highest on 3 rd wave and lower on 5 th wave.
We should get another 5 waves up once correction is done. The correction might be done with this finished exp. Flat. Or we May get a wxy correction here.
We should get another 5 waves up once correction is done. The correction might be done with this finished exp. Flat. Or we May get a wxy correction here.
Note
Looks like we have finished a zigzag as wave 2. Slightly change of wave 1 as a consequence . Expectation is to the upside for a wave 3 or c wave of a zigzag up. Note
After the yellow c which was a wave 2, we made a 5 wave move up and a swift zigzag Down. We continue up now it seems 
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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.