This bullish count requires a confirmation, so we see a small bullish impulse inside wave iii, then I'm going to buy.
The bearish impulse in wave a is going to end soon. When its five-waves structure be clear, I'll close my short trades.
I''ve got two short so far. I'm going to open the third trade on wave (iv).
I'm going to buy only after wave (ii) ends and the small first wave inside wave (iii) be on the table
There's a downward impulse in wave (a), so we could have a zigzag in wave . I'm currently out of the market and I'm not going to open any new trades here until wave ends.
Wave is going to be deeper, so I'm not going to buy until a zigzag forms.
I've got two shorts here. Because a triangle in wave 4 has an opportunity to be continued, I'm going to trade wave a of (b) only. When its five-wave structure ends, I'm going out from the market.
I'm going to sell on wave b, because we could have a quite strong bearish impulse in wave c of (b). Moreover, this coming impulse could also be the third wave on some other wave counts.
This wave count requires a confirmations, which could be an upward impulse in wave . If it arrives, I'm going to buy.
Wave iii of (iii) is likely going to move on.
It's likely that wave ii is over, so there's an opportunity to have bullish wave iii.
Here's an inner structure of a possible triangle in wave 4.
Wave (iii) is going to be extended, so we could see the market higher soon.
So, we've got an extension in wave iii, which is likely going to be continued.
There's a possible triangle, so wave 2 is likely going to be continued. Therefore, I'm currently out of the market until bearish wave (i) forms.
We've got a zigzag in wave (ii), so bulls are likely going to deliver wave (iii) soon.
If we see a break of the nearest critical level, then no more long. But if it remains, bears're going to deliver the third wave.
Wave (i) is likely going to finish soon.