1. Wave (X) is a complex correction, in that wave "X" is a triangle.
2. For me wave a) has finished and we are in the b) wave
3. I am expecting the wave "C" has to fall below the spike happen @ 14.390
to finish the wave (X)(red color)
4. Lot of possibilities wave formation and it may go messy too...
but for me this may happen here...dont bias on this..my stop
is in 15.600 below for the previous buy given @ 16.050-15.900.
5. I am looking my long position to closed once it reached and cross
above the 16.200 zone.
2. For me wave a) has finished and we are in the b) wave
3. I am expecting the wave "C" has to fall below the spike happen @ 14.390
to finish the wave (X)(red color)
4. Lot of possibilities wave formation and it may go messy too...
but for me this may happen here...dont bias on this..my stop
is in 15.600 below for the previous buy given @ 16.050-15.900.
5. I am looking my long position to closed once it reached and cross
above the 16.200 zone.