Comments on the chart. This idea is a follow up on an earlier idea
Comment:
As the (4) top has not been taken out and the fact that we are expecting a 5 wave move down to below 88 in wave 5 of the sequence the idea is still on. It looks like price is doing the wave 2 of the expected 5 wave downmove ( 2 of 5 of 5) Next week will be interesting
Comment:
Price moved down today leaving a confirmed inverse hammer in its wake. We could be going down in wave 3 of 5 right now. In EW wave 3 is the strongest and the quickest wave so if this idea of wave 3 is correct price should not see 90.30 soon
Comment:
Price fell again today. Id price takes out the blue line there is impulsive price action confirmed
