Imo it would be too soon to signal the start of a new impulse up but I included the start of an impulse count anyway.
Atm I'm more inclined to look for new shorts in case this is still just part of a larger scale corrective pattern.
The 3-wave down move might just be the first part instead of the whole correction...
2 possible (bat or Gartley) patterns are also drawn, the first pattern might be closer to a Gartley (0.591 B is close to 0.618...) so it might already be filled since we reached 0.786 of XA...
It's hard to say where the current up-move might end in case of continuing correction, but I will be looking for short opportunities in the blue squares depicted on the chart.
Weekly chart linked below.
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Blue bat did the job, at TP1, 38.2% retracement now!
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bat TP2 hit
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Gene_L
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I’m determined and believe this pattern as well...