Let me remind you about this setup, that was assumed early in the beginning if the local impulse up.
Based on the most corrective part of the structure (blue, a wxy correction), I usually assume this to be the middle of the larger pattern, a wave b of (b).
Most often, it helps to understand the larger structure.
Trade safe
Based on the most corrective part of the structure (blue, a wxy correction), I usually assume this to be the middle of the larger pattern, a wave b of (b).
Most often, it helps to understand the larger structure.
Trade safe