Ok folks!
First of all, the corridor:
We hit the mid-line is also an orienting. We are about to hit it now.
If we are in the new impulse now there are two options, that I see:
Flat correction:
ZigZag and the Impulse:
I do not consider both as good pattern and wave count.
In that situation, I still keep the neutral position, because:
- the first wave pattern (after the C bottom) does not look brilliant
- the correction pattern is not clear
- the midline of the corridor and $8 000 level can both be support and resistance levels.
My plan is to catch the spikes (below $6 000) or to buy in if the clear wave pattern will be detected.
Comming back to you soon with new updates.
Stay tuned!