My first two scenarios remain neutral / bearish in the short-term.
Preferred scenario; wave b/x is in progress like a zig-zag pattern, and after the completion of the impulse wave [a] , was started wave [b] .
First alternate scenario; the last upward wave was not an impulse but a Alt:[a]-[b]-[c] (even if the Alt:[c] is disproportionate in relation to the wave Alt:[a] :-/ ) that completes wave Alt:b/x , so the downtrend of minute degree is already resumed.
First alternate scenario; the last upward wave was not an impulse but a Alt:[a]-[b]-[c] (even if the Alt:[c] is disproportionate in relation to the wave Alt:[a] :-/ ) that completes wave Alt:b/x , so the downtrend of minute degree is already resumed.
Have a great trading day...with care!
ElwaveSurfer
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