Analyzing the ABC Correction: Final Waves Ahead

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The market is currently experiencing an **ABC correction**, specifically focusing on the **C wave**, which represents the final fifth wave of this cycle. Here are the key indicators:

1. RSI Trend Break : This serves as **Confirmation 1** for the upward movement.

2. MACD Movement : The MACD is approaching the **zero line**, indicating a potential downward trend (Confirmation W4).

3. Zero-Line Reversal : A reversal upward at the MACD zero line, along with a signal crossing, would confirm the onset of the fifth wave.

Advice :

- Watch for Higher Low (HL) : Look for the price to establish a higher low by moving above previous highs, as indicated by earlier flag patterns.

- Confirmations : Pay close attention to MACD and RSI indicators for confirmation of bullish momentum.

Conclusion :

The final fifth wave of the ABC correction is approaching, with crucial indicators signalling potential upward movement. Traders should stay alert for price action that confirms a higher low to capitalize on the expected bullish trend.