The reason I think a is likely to happen is because it kinda matches the .
1) during the advance of the LS is slightly higher than the advance of the H.
2) increases during the decline of the peak of the head and you can see it here: massive selling .
3) Right shoulder should be lower than the head decline should be valid. We'll see if that's going to be the case. See OBV for possible for a right shoulder.
If the critical zone breaks the won't be valid anymore.
Also is oversold on the 1H which would support the right shoulder forming. The 26ema has been acting as a pretty good for the last few days/weeks. Should check it out more.
We might also be seeing a new forming with the recent 'head' being the left shoulder but I'm not convinced about that yet. The last option is that we're going to see more boring consolidation between 10,300 and 11,000 but who wants that :(
LS = left shoulder
H = head
RS = right shoulder
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