Now we are looking for evidence of the end of the wave ((ii)), it may have already ended at prices of 919.02, and also it is possible that an extension of the rise will occur, but since prices are below the main decisive point at prices of 971.80, we expect to decline again
is now trading in a corrective pattern representing wave ((2)), whose critical and unbreakable limit is 971.80. It is currently taking a bearish correction pattern targeting the 61% level before ending the wave ((2)).
The wave ((2)) is a double correction that has not ended, and we are looking for evidence that wave ((2)) has ended, and the evidence is the impulse of wave 5 in wave 1 of (1) of ((3)).
It does not yet give an upward signal in the wave ((3)), and the wave ((2)) may continue to descend at 783.49 and 677.05, provided that the critical limit at 565.43 is not breached.
wave ((1)) of V is ended, and also wave ((2)), we still searching for evidence that the bottom in wave ((2)) is in and wave ((3)) in its early stage.
The decline from 2008 to 2020 is watched as a wave IV, now platinum in wave V, and should travel to a new high.