The previous chart was invalidated as wave 3 has completed and we are now in a wave 4.
It could be over as price approaches the channel's downside but is yet to reverse.
The target for wave 5 is located within the blue blox between 74 and 80.
It could be over as price approaches the channel's downside but is yet to reverse.
The target for wave 5 is located within the blue blox between 74 and 80.
Comment:
Updated labeling. Wave 4 dipped lower than expected but the map remains unchanged. Targets 72-75
Trade closed manually:
Book profit and wait to short as it's not an impulsive upmove it is a corrective structure
Comment:
New idea is at the following link
