Hi traders,
Overview: yesterday, I proposed a new count/structure for wave X. Lets review: "I think wave x of X is still in process and not yet complete. It is developing as a triangle and its waves (a) and (b) have been completed."
Update: today's price action increased the probability of this scenario. Right now, we are in wave (c) of x of X. The price target for wave (c) is the horizontal support area of 3744.
Overview: yesterday, I proposed a new count/structure for wave X. Lets review: "I think wave x of X is still in process and not yet complete. It is developing as a triangle and its waves (a) and (b) have been completed."
Update: today's price action increased the probability of this scenario. Right now, we are in wave (c) of x of X. The price target for wave (c) is the horizontal support area of 3744.
