Looking for the continuation to the downside to continue if 20663 is respected.
CBOT_MINI:YMM2017
There's a triangle in wave {4}, so bulls are likely going to deliver wave {5} of iii soon
There's an opportunity to have a huge extension in wave (iii) of
Wave {5} of iii has been started, so we could have a new high soon
There's a pullback from the lower side of this channel and the 255 Smoothed MA, so bulls are likely going to deliver wave {5} of iii soon
If a pullback from the lower side of this channel happens, there'll be an opportunity to have wave {5} of iii
There's an opportunity to have a correction, but bulls are likely going to deliver wave {5} of iii afterwards
There's an opportunity to have wave 5 of (5) of {3}
Wave 3 of (5) is likely going to be continued
There's an opportunity to have a bullish impulse in wave 3 of (5)
There's an opportunity to have another bullish impulse
There's a possible diagonal triangle in wave 5 of (3), so bears are likely going to deliver wave (4)
Wave 5 of (3) is likely going to be continued
There's an extension in wave {3} of iii, so a new high is coming next week
There's an extension in wave {3} of iii
There's an opportunity to have a huge extension in wave (iii) of {iii}
Here is the way I see it. Generally (but not always) when prices rise into a triangle they rise coming out of it.
