- This is a raising/ending diagonal terminal pattern
- It occurs at Wave C [Corrective pattern] or Wave 5 [Impulsive pattern]
- I expect price to close a bit above 78.6% of Wave 3 but won't touch 100%
- The next price action should be a downward corrective pattern if it is a Wave 5 terminal pattern
- Alternative, if it is an ending diagonal Wave C, i am expecting a Corrective Wave X then a probable Zig-Zag corrective pattern that will take the price higher
https://www.tradingview.com/chart/BTCUSD/5cxYHyuo-LONG-BTCUSD-04-07-2021/