the correction could have finished with a wxy correction, which means we could get a bullish move up to break the top.
Or we could make a move up to test the top as a B wave of a flat.
Either way it is a likely scenario that we get a move towards the 40K, and the bottom is in for now.
Or we could make a move up to test the top as a B wave of a flat.
Either way it is a likely scenario that we get a move towards the 40K, and the bottom is in for now.
Commento:
Bullmove is postponed, since the move up was of corrective structure. This means that we work on a different pattern. So far I am looking for one of the scenarios.
Commento:
wavecount of up move shows corrective structure