We changed the wave count pattern of GPOR.LSE as it crossed the line at minor B. It is now tracing intermediate wave (3) down what should bring prices below wave (1) and with a good strenght in the move. There is an alternative scenario where this is the final stages of a minor B of an ABC pattern, in this case prices could go up in wave C. In the next days we will have more clarity of what scenario should prevail, keep tuned. FOLLOW SKYLINEPRO TO GET UPDATES.
Comment:
The alternative scenario prevailed and after the completion of minor wave C up prices should follow a downward path to new lows. If GPOR.LSE less likely crosses up 756, this scenario would be void. Se the most recent post.
