Looks like the spike took out the X lows, which invalidates the count.
At this point the view would be that the entire structure is a completed wave. A double correction is still possible from current levels 1.0920-1.0935. But not as good of a setup as playing the C wave in Y
nezyrinfx
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it is complete now for the bullish bat. will need to see reversal from this area onwards.
nezyrinfx
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i took long at 1.0930. target 1.1050 only. will see how it moves after.
nezyrinfx
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it completed the wave but it did not pickup my entry at 1.09624. :(
JigneshDavda
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I'm showing one leg down completed as well. Can still do a double, but doubtful. I'll wait a bit and enter at London open.. Momentum down is quite strong still.
nezyrinfx
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looks like one leg down towards 61.8% of that upside move. 1.092x.. the golden ratio..
JigneshDavda
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There is still the 88.6% Fib right here at 1.0950 -
Waiting for some kind of reversal sign to see if it's going to hold before invalidating the count
nezyrinfx
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we have the same setup
JigneshDavda
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Are you looking at a harmonic setup? Noticed you have some harmonic charts up
At this point the view would be that the entire structure is a completed wave. A double correction is still possible from current levels 1.0920-1.0935. But not as good of a setup as playing the C wave in Y