IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
WE HAVE 2 INTERPRETATIONS, THE PRIMARY ONE IS ON THE DAILY BAR, SUGGESTS THAT, THE MINUT THIRD WAVE IS IN PLACE,AND THE MINUTTE FIFTH WAVE OF THIRD MINUTE WAVE WAS AN ENDING DIAGONAL, IF SO,WE ANTICIPATE A SHARP AND SWFIT DECLINE THAT USUALLY BRINGS PRICES AT LEAST BACK TO WHERE THE GIAGONAL BEGAN(NEAR 29000) AND USUALLY FAR FURTHER
ALTERNATIVE SCENARIO SUPPOSED THAT MIUTE THIRD WAVE ENDED AT 56550 AND PRICE IS STILL FORMING A TRIANGLE AS WAVE 4
AS ASIDE NOTE:: I MENTIONED EARLIER MANY TIMES THAT, THE FOURTH WAVE CORRECTION USUALLY REACH INTO THE ZONE OF WAVE 4 OF 3(PREVIOUS FOURTH WAVE OF ONE LESSER DEGREE).29000--41000
KEEP UR EYE ON THE NORMAL NEGATIVE DIVERGENCE(CONFIRMED BY BREAKS DOWN THE LOWER TRENDLINE OF RISING WEDGE( ENDING DIAGONAL) AND REMEMBER THE GENRAL RULE " THE GRAETER THE NUMBER OF NEGATIVE DIVERGENCES, THE WEAKER THE UNDERLYING STRUCTURE".(LOOK AT THE NUMER OF NEGATIVE DIVERGENCES ON THE RSI, ON DIAGRAM NO 1)
