- Expect a minor retracement of minuette wave (c) of minute wave to around the orange line given on the chart
- After the retracement of minute wave is completed, expect a parabolic move to the upside.
- After the retracement of minute wave is completed, expect a parabolic move to the upside.
Trade closed: target reached:
As you can see here, price did hit our support at 40984, and it did went parabolic to the upside for awhile