The correction took longer than i expected, it now looks like an abc with a lower level abc within the b wave.
If the correction is over then this will be an expanding flat.
There is still the possibility for more down side to make a lower low (since the monthly correction may not be over)
wait for the break out to confirm the up move .
I will post possible trade setup on lower time frame
Follow me for more updates. Like and comment .
If the correction is over then this will be an expanding flat.
There is still the possibility for more down side to make a lower low (since the monthly correction may not be over)
wait for the break out to confirm the up move .
I will post possible trade setup on lower time frame
Follow me for more updates. Like and comment .
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Facebook: www.facebook.com/ProwaveTrader
Training : add to skype mangal457