In my primary count, ARKM is finishing black wave 4.
I give this scenario a 70% reliability. The count is valid and there is no bullish divergence on wave 3 low. Also, there is no overlap with wave 1.
On the other hand, wave 4 is quite longer than I'd expect it to be.
As long as we stay below green resistance, I'm bearish for another leg down targeting 0.750.
I give this scenario a 70% reliability. The count is valid and there is no bullish divergence on wave 3 low. Also, there is no overlap with wave 1.
On the other hand, wave 4 is quite longer than I'd expect it to be.
As long as we stay below green resistance, I'm bearish for another leg down targeting 0.750.
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