I posted long time ago about this ending diagonal, we could still be in uptrend but we must know when the price is done correcting. Just be prepared in which ever it goes
-Price had a massive drop, Wave 3 is more than 1.618 which may invalidate the wave C, but the market is always the market its not the exact thing as the textbook says.
-If indeed its a 1-5 waves then I'll wait for bearish price action on micro timeframes 1H, 15m for the completion of wave 4, it could be a triangle correction and its not done, this may take more time.
#DYOR
-Price had a massive drop, Wave 3 is more than 1.618 which may invalidate the wave C, but the market is always the market its not the exact thing as the textbook says.
-If indeed its a 1-5 waves then I'll wait for bearish price action on micro timeframes 1H, 15m for the completion of wave 4, it could be a triangle correction and its not done, this may take more time.
#DYOR