It seems like wave B is taking the form of a zigzag. If correct, the market should finish an upward impulse for wave ((a)) before wave ((b)) of B begins. Broadly, as shown on the two-day chart below, we’re likely going to have the rest of wave Y of ((X)), which might take a couple of months.
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.
Contact us: contact@actionforex.com
© ActionForex.com © 2024 All rights reserved.
