After we hit the significant top, it was obviously time for a pullback.
There is clearly a downward impulse pattern with truncated (failed) 5th wave. Fall was too big eh?
After that we see some classic zig-zag formations. Turns out to be an expanded flat pattern. Market wants to move in the direction of the B wave.
There is clearly a downward impulse pattern with truncated (failed) 5th wave. Fall was too big eh?
After that we see some classic zig-zag formations. Turns out to be an expanded flat pattern. Market wants to move in the direction of the B wave.
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To get a better picture!
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From a larger perspective... Probably going down to give us another opportunity.
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Choppy pattern. Broke upwards but could not sustain! Lets wait and see...
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