So here I have 2 possible counts for the 4th wave correction as labeled in red, Firstly, my main count is in yellow, showing an WXY structure from 21st October high, followed by a possible triangle which is currently at wave C.
Alternately, look at the wave structure in blue, showing the 5th wave is a truncated 5th, and price is now making a flat correction.
Either way, I'm still looking for more downside before the start of the final fifth wave as seen on the daily chart.
Alternately, look at the wave structure in blue, showing the 5th wave is a truncated 5th, and price is now making a flat correction.
Either way, I'm still looking for more downside before the start of the final fifth wave as seen on the daily chart.
