SUMMARY
Note: Much more detail in the video than this summary.
Overnight price action has likely progressed further into the abc blue wave 2 correction. However, the waves thus far look a bit overlapping. IF blue wave 3 is next, we need to start seeing some serious impulse motive action upwards. Wave C might still be incomplete as shown in the below chart.
Here is the Ascending Right triangle pattern and the video contains lots more detail on this potential playout. The blue arrow could provide a pathway of breakout at around end of March while the white arrow shows a potential closer towards the end of April. The $11,800 zone is a resistance of significance as price had been repelled here three times. The volume is also expected to decline further as this pattern matures and this would provide one of the needed confirmations.
The bigger picture Alternate is also shown here. The video contains alot more details on this chart. The ABC has to bee kept at top of mind awareness. Only the unware are surprised and are always broadsided by "unexpected" events.
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