A simple a-b-c correction with C wave = wave A
subdividing into a normal 5 waves should yield
a point of entry for another ride on the trend
to the upside. (perhaps a big ride as there is not
much resistance until 1.15 {but, I don't want to get
my mouth watering = that's always bad for the trade}
So, depending on how impulsive the next up leg tracks,
I'll probably be raising my targets. These are good
for starters should this fail to appear as expected.
Stops are a bit of a debate but, I don't see this going
to the .618 unless this idea is wrong. Re entry, of course,
is always an option and I'll be seeking light from the candlesticks.
subdividing into a normal 5 waves should yield
a point of entry for another ride on the trend
to the upside. (perhaps a big ride as there is not
much resistance until 1.15 {but, I don't want to get
my mouth watering = that's always bad for the trade}
So, depending on how impulsive the next up leg tracks,
I'll probably be raising my targets. These are good
for starters should this fail to appear as expected.
Stops are a bit of a debate but, I don't see this going
to the .618 unless this idea is wrong. Re entry, of course,
is always an option and I'll be seeking light from the candlesticks.