Overview: let's review the expectations of the previous update:
Update: not much to update, the price action is following very well. We are in wave IV of (c) of b. For now, I have 4132.75 as the potential target for wave b peak.
- I see that we are still in wave b of Z, developing as a double zigzag . We are in wave III of (c) of b.
- We will run to the downward trend line and the reaction of price to that zone is the key to decide.
Update: not much to update, the price action is following very well. We are in wave IV of (c) of b. For now, I have 4132.75 as the potential target for wave b peak.