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Wave C (current - downward):

• From: 2,777

• To: 2,467 (current price)

• May continue to:

• 2,434 (almost touched)

• And if it doesn't stop, it may reach:

• 2,327 (important moving average support)

• 2,250 – 2,180 as the final target for wave C

✳️ This means we are now likely in sub-wave (iii) or (v) of C – indicating that the downward movement is nearing its end.

🔁 After the completion of wave C

If the decline stops at 2,434 or 2,327 and a reversal candle appears, we expect:

🔺 The beginning of a new upward wave:

• Impulse wave (1) or wave X (if the correction is complex).

• Its initial targets:

• 2,538 – 2,600 (natural correction of wave C)

• Then 2,660 – 2,738 (in case of wave strength

📍 Summary of wave levels

A

2,879

2,660

Completed

B

2,660

2,777

Completed

C

2,777

2,467 (so far)

Ongoing and may be nearing the end

⏳Closing 4 hours above 2,510 reinforces entry♻️

💔 Breaking 2,434 with a close

Caution, possibility of wave C extending to 2,250