Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
As we predicted in the 4-hour timeframe analysis, wave b ended at the specified point and now wave c is forming.
Given the strong fall we had, there are two possibilities:
Probability 1: c-wave is complete and the mid-term uptrend will begin.
Probability 2: We are now in the microwaves of wave c.
In this analysis, we consider the second possibility:
We considered the first leading microwave for wave c , and wave 1 is complete and wave 2 is formed in the most normal state in Fibo 0.618.
If the end of wave 1 is broken, this downward trend will continue.
If wave 1 is broken, wave c is over.
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