Primary Structure: Bullish Impulsive
Primary Trend: Bullish
Current Wave Structure: Potential Flat in Red Wave "(2)".
Expectations: The pullback in the black wave "4" has been prolonged, and a triangle is unfolding. The rise from its low can be assumed impulsive, as we can count five sub-waves in it. The structure in red wave "(1)" has been completed, as we have witnessed a decent drop from the top. More weakness in the price is expected after a small pullback in the black wave "B".
Recommendations: Wait for the pullback.
Previously :
Previously :
Previously :
