Here is a corrective structure that could be called a bull flag,
This bull flag could be over, or not, thats why i have 2 alternatives, the channel, and the line. So there is a possibility of price going down to the channel for wave c.
In any case, i will be interested in buying only when it breaks out of this channel, or goes beyond the end of wave B
This bull flag could be over, or not, thats why i have 2 alternatives, the channel, and the line. So there is a possibility of price going down to the channel for wave c.
In any case, i will be interested in buying only when it breaks out of this channel, or goes beyond the end of wave B
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