I've tried to put a wavecount here on the bounce. If this is impulsive we can have finished 1st wave up. Ideally would be if we correct 61% which is in the grey box - it is also a resistance and a previous low at around 7400
This wave 1 counthas some nice fib proportions on and might be finished. If now we'll break last high - this means that we've only were finishing 3rd wave up and will correct to the 4 to the 5 on the next fib at 7700
This wave 1 counthas some nice fib proportions on and might be finished. If now we'll break last high - this means that we've only were finishing 3rd wave up and will correct to the 4 to the 5 on the next fib at 7700