now in 4H there r clear 5 wave motive move after which a correction has started. so this can be a three wave correction downwards or starting that long drop from weekly time frame. for now that doesnt matter so much but what does matter is to find best entrance for this drop.
in this correction i can spot several potential valid corrections and which will be i dont know, but they all point down. the correction may be finished and its turned down or on the chart is presented the most common and it points to be a potential cypher pattern as well. to confirm whether this is valid we need to spot if this turns up in this last part, and that can show us the exhaustion in RSI or some other oscillators and probably will show some divergence.
in this correction i can spot several potential valid corrections and which will be i dont know, but they all point down. the correction may be finished and its turned down or on the chart is presented the most common and it points to be a potential cypher pattern as well. to confirm whether this is valid we need to spot if this turns up in this last part, and that can show us the exhaustion in RSI or some other oscillators and probably will show some divergence.
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