There are two Scenarios 1&2
Scenario 1 (purple) is more likely to happen since the bulls showed weakness and failed to show upward breakout of the resistance by wave (A).
In this regard, I presume the price will be developing by the way of Scenario 1
P.S. On the left side we can see the proper breakout and HH of the resistance showing the strength of the bulls
Scenario 1 (purple) is more likely to happen since the bulls showed weakness and failed to show upward breakout of the resistance by wave (A).
In this regard, I presume the price will be developing by the way of Scenario 1
P.S. On the left side we can see the proper breakout and HH of the resistance showing the strength of the bulls