DEGEN Flat correction

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Wave 3 has finished, and we are now in a complex correction phase for Wave 4. There's a chance that a flat correction could develop, meaning the market may consolidate before the next big move.

To support this correction we have also identified a bearish divergence.

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ملاحظة

Another scenario where wave 4 in smaller degree has been concluded in we are now playing as a wave 5 impulsive move.

But I'm not risking because there is a bearish divergence on the lower timeframes.

Still not a financial advice.

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أغلقت الصفقة: تم الوصول للهدف

I think we will have a shallow correction now.