Nice moves last week.....now price has two options.....it is loosing momentum and has bearish divergence.....so it can 1...for a correction and continue up..2...bounce and form a C-wave down then continue up out of the newly formed pattern......lets see what we get.....no matter what....you still have a short term sell coming....TOOOO EASY
CATCH THE WAVE......AND RIDE IT.....
Comments
NinjaDawgz83
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we are already in wave C. this will likely be a correction for the current motive wave that has been quite strong. due to its strength we need a decent correction of >50% but the market is never so easily obliging.
<-- my thoughts, minimum of 61.8% of wave A should be first target and i expect its to hit the full 100%
bgj101
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@NinjaDawgz83, thanks for you comment.....lets see what we get...