Potential ABC after the Elliot completion is forming -» ABC correction still needs to be confirmed and potential price are to reach is the 138 dollar area.
The gap will need to closed if further upside movement has a chance to continue - if not than potential ABC wave will be validated.
According the Elliot wave theory - after an ABC corrective Wave we will see another continuation to the downside.
Price dictates the potential scenarios - in the end it's up to us to make an educational guess.
The gap will need to closed if further upside movement has a chance to continue - if not than potential ABC wave will be validated.
According the Elliot wave theory - after an ABC corrective Wave we will see another continuation to the downside.
Price dictates the potential scenarios - in the end it's up to us to make an educational guess.