Elliot - ICT Analyses
The first Zigzag correction targeted 2540. The second correction was expanded, and we clearly see the BCD candle (Sell-side Liquidity) strike. The second possibility is a decline if we calculate wave C of the expanded correction as an impulse wave 1, followed by a correction of wave 2, then wave 3, which could drop to 2460. The reason is that the expanded pattern could act as both a continuation or a reversal signal simultaneously.
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