What is being displayed here is a recurring pattern similar to what occurred in January 2026, where a consolidation phase lasted for several days before a strong bearish move broke through the 0.618 level with significant momentum over multiple days.
At present, we are observing a situation with a nearly identical scenario; however, this time the consolidation is occurring above the 0.618 level. Will history repeat itself? We shall wait and see. If it does, we will revise our wave structure count based on the latest developments.
At present, we are observing a situation with a nearly identical scenario; however, this time the consolidation is occurring above the 0.618 level. Will history repeat itself? We shall wait and see. If it does, we will revise our wave structure count based on the latest developments.