Mornin' traders! The correction has continued into a double-combination channeling zig-zag
. The zig-zag
is currently in wave-iii-of-(c)-of((y))-of-X which is not the optimal tie to enter. In addition to the wave count, a bullish bat
is complete at previous structural support and may act as a catalyst to start the sideways correction into wave-iv. Since my bias is bullish
after the zig-zag
completes, I will be waiting for an impulse upward before buying the pullback in order to trade this bat pattern
. I will provide updates on this one as well. Happy Trading!