maybe a leg down to break the wave 1 of (C) top 5832 first
Comment:
Any counter trend corrections in lower time frame would suggest further downside potential
Comment:
the rally from the recent low looks corrective, looking for more downside potential
Comment:
possible internal count
Comment:
other options could evolve a triangle but it could also get really complicated such as
wxy where x = triangle
wxy where y = triangle
wxy=(a)(b)(c) then (d)(e)
wxy=(a)+a/(b)+b/(b) then cde of (b) then (c) where (b) is a triangle
etc etc
wxy where x = triangle
wxy where y = triangle
wxy=(a)(b)(c) then (d)(e)
wxy=(a)+a/(b)+b/(b) then cde of (b) then (c) where (b) is a triangle
etc etc
Comment:
still looks like a triangle or something contains a triangle
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
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