because of how this last price leg up on the 4h and the failling of taking out the previous high on the dailly i suspect that we could get some triangle forming on the dailly chart to go deeper into the weekly fvg
one hour analysis to my dailly idea on eurgbp long. here u can see the wave 1 up from c and the a wave down from wave 2. up for b to the box. down for c to the lower box and then up fro wave 3
dailly correction started for a wave c. From what i see we had on the dailly chart allready an A wave up, a b wave down and now we started the c-wave with a starting diagonal for a wave 1 from c. we had the a-wave down for the wave 2 from c and now going up for b from wave 2. after a wave c to complete the wave 2 down and then we can start the wave 3 up from the...
I think we completed the 3d wave from the 1st wave from larger btc rally. we hit the 261.80 fib extension and i think we will correct to the 0.38 fib retracement of around 21000. this also turns us back into the territory of the lower wave 4. After we can rally in the fifth wave to around 2900
I think the chart says it all We are down in an ending diagonal in the last leg 5 towards the 14000 region
Could this be a wave 1 in an leading diagonal? now wave b and then wave c for 2?