ETHUSD seems to be in the final stages of this correction. It mightve already topped out if we look at the Monthly AI or there could be one more high up towards 2000 to complete multiple patterns and the 382 from the April 3 High. Weekly AI has a High/Low late on the 9th of August. Keep an eye out for this to play out. If we are at a high then we will look for short opportunities and if its a low we will look for longs.
A different look at the market. I hope this helps. Enjoy the week. 👍👍
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A look at the Monthly AI with a similar turn date this week.
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Alternative scenario in Bitcoin sees a low early in the week followed by a high. Monday will give us the direction.
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Inverted scenario.
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We didnt get the Retracement so now looking towards 1900 - 2k where multiple patterns complete and CIT Window on Wednesday around Inflation Data...