Marab1377

Marab1377

We are at the end of wave (b) and for a short strategy, you should take buy position in that important boxes

Marab1377

is the box move wave -i- and -ii- of (c) ? If it is,a new scenario is to see an extended wave (c)!!! another possibility is to have a Flat in (b).

Marab1377

Now we are in correction of wave (b) of Wave -iii- and it's obvious that we will have another impulse move in form of (c) and after that we will have a shallow correction in form of wave -iv-.

Marab1377

Now we are standing in Correction -b- of wave -iii- which it means we will have a another impulse wave(-c-). The most possible region of buying is shown in the chart.

Marab1377

I think now we are near an important support zone and we can suppose that 1.188(0.618 retracement) to 1.185(ratio 1 in Projection) is a risk free zone and double zigzag can finish at this zone.(Personal Idea and not responsible for your trade)

Marab1377

Now in correction of Wave -iv-(bold) and because of Alternative, the first reverse zone of price is at least on ratio 0.333 , 0.382 and etc of wave -iii-(bold).