Price has closed about trend line Expecting some side waves movement Depending on what pattern we create will determine whether we go down for 1 more wave or start the larger trend up
Currently in the C-wave of the larger Flat Pattern Be looking for reversal Will need to watch carefully when price breaks the trend line as depending on how price moves it is possible for another wave down
Would like to see 1 more wave up to complete current pattern before continuing the larger C-wave down
Expecting a wave down to complete Running/Expanded flat Upside after Flat has completed
Running/Expanded Flat formation Expecting a little more upside to finish off current C-wave before dropping to complete larger degree flat
Smaller Expanded flat completing Expecting wave up to complete Larger Flats B-wave
Regular Flat Expecting downside to complete larger Flat Pattern