Rally from 15th October has been typical of an impulse wave (c) with an extended wave v.
The decline from recent top has been corrective of a wave {iv} correction, retracing towards 0.6182 of the extended minor wave {iii].
Setting up from there with small position for a short burst up on the last leg {v} ........ for trading with the trend
Long term perspective :
The decline from recent top has been corrective of a wave {iv} correction, retracing towards 0.6182 of the extended minor wave {iii].
Setting up from there with small position for a short burst up on the last leg {v} ........ for trading with the trend
Long term perspective :