from the the arrows i have three possible scenarios.
1) we are making a simple A-B-C correction on the higher time frame and we are currently on the( C)- wave up.
2) we are currently making a contracting triangle and heading to the top of the trend line which we will go down again for the final E- wave
3) the (A) - wave is all the correction and we starting a move to the down side.
Lets see how it goes. in either , be ready to trade.
1) we are making a simple A-B-C correction on the higher time frame and we are currently on the( C)- wave up.
2) we are currently making a contracting triangle and heading to the top of the trend line which we will go down again for the final E- wave
3) the (A) - wave is all the correction and we starting a move to the down side.
Lets see how it goes. in either , be ready to trade.