price decreased in a 5 wave motion. We are now in a flat with strong B wave(cause it exceeded 1.382 FiboExpansionwaveA ). Wave c can not retrace 100% of wave b in such a correction. There are two possibilities, its either a running or irregullar failure. Price will probably continue falling down after wave c of flat.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.