We have been consolidating for some time. And I think we have still more upside to come.
But the current price action and the fast decline have been too short to be a wave 4 correction. So I believe we need to go down again before more upside. A SFP of the local top and making a lower high, and not taking ATH would be a possibility.
SFP of the ATH for completing a ABC correction could also be a opportunity.
But the current price action and the fast decline have been too short to be a wave 4 correction. So I believe we need to go down again before more upside. A SFP of the local top and making a lower high, and not taking ATH would be a possibility.
SFP of the ATH for completing a ABC correction could also be a opportunity.
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