The market shows some reluctance in the upward movement, the pattern formation is difficult to label, and the risk is the construction of a 5 wave ending diagonal.
So it's needed more caution than usual.
Preferred count (bullish): we are in the early stage of wave c of minute degree.
First alternate count (topping): Alt:[5] is close to completion like ending diagonal Alt:1-2-3-4-5
Have a great trading day ... with care !!!
ElwaveSurfer
So it's needed more caution than usual.
Preferred count (bullish): we are in the early stage of wave c of minute degree.
First alternate count (topping): Alt:[5] is close to completion like ending diagonal Alt:1-2-3-4-5
Have a great trading day ... with care !!!
ElwaveSurfer
