ABC structure in #SAGA uptrend

٢٩ سبتمبر

In the green ABC structure, wave A's 1-5 structure has been completed, the green B correction has ended, and wave C appears to have started. For wave C to be fully confirmed, the blue wave 4 correction needs to bounce off the trendline and reach the 0.5 Fibonacci level. Then, as the price becomes cheaper, new demand is expected to form, driving it towards the 5th wave.