With the help of one of my friends i recognise the Corrective Wave that we are in ABC.
We closed under and backtested the 0.382 fib channel =>more downside.
As shown in the chart we have 2 places where we can go.
-at around 38500 having an ABC Running Flat Correction.
-at around 22000 having an ABC Expanded Flat having close the 0.618 of Fib Channel.
BOTH Scenarios in play.
We closed under and backtested the 0.382 fib channel =>more downside.
As shown in the chart we have 2 places where we can go.
-at around 38500 having an ABC Running Flat Correction.
-at around 22000 having an ABC Expanded Flat having close the 0.618 of Fib Channel.
BOTH Scenarios in play.
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