Hi all,
We are still waiting for the correction / impulse wave to finish.. to determine if it is a bearish turn or a retracement.
Because of that last impulse wave down we cannot discount that this whole move is bearish.
The count can also be counted as another 1 and 2 because the current count just doesn't look like a 4th wave.....
Just sit it out and wait for the first 5 wave move.. of course the chance of this being a bearish move increases a lot if the 17.313 area is breached
We are still waiting for the correction / impulse wave to finish.. to determine if it is a bearish turn or a retracement.
Because of that last impulse wave down we cannot discount that this whole move is bearish.
The count can also be counted as another 1 and 2 because the current count just doesn't look like a 4th wave.....
Just sit it out and wait for the first 5 wave move.. of course the chance of this being a bearish move increases a lot if the 17.313 area is breached