as u can see the price is going in a diagonal and we r in anticipation of its last wave, but the consolidation that is making now (will be in chat section below with smaller time frame) now doesn't look like its gonna go down. if it were going down it would be gone till now. what im seeing in the correction it seems the price gonna go up to brake the top! for those who knows waves 0.786 from the B sub wave is on same spot as 1.272 from the correction, and it might look like another diagonal which might go up to there before rushing to brake the bottom again!
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so it did respected that channel resistance and dropped down. imo will find support some where at that orange line.