Diagonal triangle changes

13.01.2021

The past trading day made further adjustments to the emerging wave scenario. The development of the downward movement apparently will be delayed again. This stems from the strong upward movement that happened during yesterday’s trading session. The diagonal probably gets a little bit different shape than it was supposed. Now wave [v] of v presumably looks like it is indicated on the above chart. That is, it needs to grow a little more for final completion.

And then, it is recommended to wait until the price reaches the upper generatrix of the diagonal and open sell trades in case of rebound.