if the pink a-b-c is an expanded flat correction after the initial decline (52.83 to 49.75), we should expect another wave down once the correction is finished
note
wave b travels approx 1.382 times the length of wave a
note
wave b travels approx 1.382 times the length of wave a
Kommentar:
whether the recent high of 51.39 is the end of c or alternatively we have a truncated c , price should break the trend line first
Kommentar:
Kommentar:
took a small short with a tight stop
Kommentar:
Kommentar:
bearish count invalid
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email:info@ewc.space
Email:info@ewc.space
i think another modest push towards 70.7% fib is also possible
note divergence between price & RSI