I think the ABC correction, which should take a little longer, is not ready yet.
Here's a potential possibility ... tomorrow's candle will hit SMA 20 and then turn south.
Make a line where it closes today and if you see closing price on H1 & H4 underneath, then the probability is very high that the blue a is finished and the blue b of the red B) has started.
If this view works, then the rest is clear.
Here's a potential possibility ... tomorrow's candle will hit SMA 20 and then turn south.
Make a line where it closes today and if you see closing price on H1 & H4 underneath, then the probability is very high that the blue a is finished and the blue b of the red B) has started.
If this view works, then the rest is clear.
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