I really like this setup here. I started a leg a few moments ago. Price could go a bit lower but the narrative stays the same. Price did not break lower than the start of wave 1 yet. It usually retraces 61% from what I've seen. If price doesn't break the recent low, we could be headed for a wave 3 extension. Not sure if the full impulse wave will play out. However, the rules are fitting thus far. What do you think?
Decent run up still holding this trade. That low didn't break and we got a move to the upside. Let's see if we continue forward.