✅ WHERE WE ARE
From the top(4372), bearish 12345(pink) waves formed to 1880.
1880 could be A, so bullish corrective waves, ABC, should be formed to restart the bearish 5 waves.
The price was rejected around Fib38.2(4372-1880) and lime TL after 3 waves.
That's why 2990 might be B. If so, as long as 2990 remains unbroken, the price never ever goes to 3K before 1880 broken but tries to go break 1880.
💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
From the top(4372), bearish 12345(pink) waves formed to 1880.
1880 could be A, so bullish corrective waves, ABC, should be formed to restart the bearish 5 waves.
The price was rejected around Fib38.2(4372-1880) and lime TL after 3 waves.
That's why 2990 might be B. If so, as long as 2990 remains unbroken, the price never ever goes to 3K before 1880 broken but tries to go break 1880.
💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
