6. Analysis.

Schedule period: 1 bar-2 weeks, 1 bar-1 week, 1 bar-3 days.

So, the studied movement (388.11-89.59) is identified as a double zigzag.

What to expect from the market next? Will there be a third phase of correction or a triple after two already existing triples, each of which, as already established, is a zigzag? Or will the market limit itself to these two threes and not form the third phase of correction? A very exciting question.

For the appearance of the third three, the market needs to form an x-wave behind the triple three.

Let's explore the graphs. We see that from the completion point of the second three in form of a zigzag, the end of which is at the level of 89.59, some kind of upward movement (sunrise) develops.

This sunrise reached its maximum at the 169.90 from 04.04.2022. After that, a very long correction of the sunrise began, the duration of which continues, as we see, until now. At the same time, the market has not set a new minimum (below 89.59). Sunrise remains relevant.

Comparing the duration (not the price length, but the duration by time) of the sunrise with the duration of the formation period of the second zigzag, the end of which is 89.59, we get that the duration of the sunrise is more than one and a half times the duration of the zigzag.

It is known that the duration of the x-wave is always less than the duration of the triple it follows.

The duration of our sunrise is longer than the duration of the zigzag it follows.

Hence we conclude that our sunrise is not an x-wave.

Since the market has not formed an x-wave after the second three, this means that there will be no third phase of correction or three. So we have received a reasonable answer to a very exciting question.