Hi,
green is my primary count...I think link is in wave 2 of extending C wave of WAVE B of triangle (WAVE A was from 20 to 7,3)... i expect to find support at 10,5-9,7 (fibo area) and bounce hard.
I have to write there is also possibility upward correction is over with red c wave (wave a and c about the same) but that is not what i expect to roll out. If link falls in 5 waves to 9 usd and below, closes below 21 ema that would be more likely and then there could be good short point in pullback at 10-10,5 usd...but not my primary count.
green is my primary count...I think link is in wave 2 of extending C wave of WAVE B of triangle (WAVE A was from 20 to 7,3)... i expect to find support at 10,5-9,7 (fibo area) and bounce hard.
I have to write there is also possibility upward correction is over with red c wave (wave a and c about the same) but that is not what i expect to roll out. If link falls in 5 waves to 9 usd and below, closes below 21 ema that would be more likely and then there could be good short point in pullback at 10-10,5 usd...but not my primary count.