Preferred count highlights another smaller expanding flat as a wave 2 of the C wave in the expanded flat.
0.382 retracement of the first wave up seems to be the earliest point the correction is likely to terminate at.
Preferred wave count would be invalid below the low formed on Friday after the NFP release as wave 2 should not retrace beyond the start of wave 1
0.382 retracement of the first wave up seems to be the earliest point the correction is likely to terminate at.
Preferred wave count would be invalid below the low formed on Friday after the NFP release as wave 2 should not retrace beyond the start of wave 1