Wave 5 seems to have extended over the original wave count and may now develop into a deep 2 or B wave correction. The potential Bat pattern adds to the confidence. Clearly defined risk below X as that would invalidate the wave count completely, although, if it remains in 3 waves it could be considered an expanded flat - perhaps. Anyway, below X and I'm lost = well defined /low risk trade.
Kommentare
NielsG
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Thanks for sharing! I agree with this idea..
When price gets near D, I'll be watching for a Pivot line in the PRZ for a more accurate entry.
In the unlikely event that we'll get there today, it'll be the S2 Pivot at 0.70581
When price gets near D, I'll be watching for a Pivot line in the PRZ for a more accurate entry.
In the unlikely event that we'll get there today, it'll be the S2 Pivot at 0.70581