Measured move from the first part of the ABC points to low 1530s. But the wedge implies low 1550s. Although on the same wedge on 8hr makes 1546 possible.
Bigger question is which leg does this complete? Notes to which are in the chart.
Comments
rubenthin
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I guess the 1585 high qualifies as point B?
Any thoughts?
itsheng
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The new 1595 as point B?
rubenthin
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It seems to have impulsed now...potentially a wave up?
rubenthin
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Wedge after wedge after wedge.
As per Trade_master_3000s post, looks like it faked or at least failed out
Any thoughts?