With the bearish move this week I'm looking for another leg lower of lesser degree to show us 5 waves for what might be the wave C of wave B (in red).
The correction is in a complex combination and therefore several possibilities can not be excluded yet. Nevertheless I counted an expanded triangle for wave A in red which is very uncommon but valid. Updates will follow but in terms of the bigger picture this is what we want to see because a deeper correction means more profit potential once we see the bullish continuation. That's the trade I'm looking for.
www.timstuyts.com
www.facebook.com/timstuyts
www.youtube.com/watch?v=HvmWTm4f...
The correction is in a complex combination and therefore several possibilities can not be excluded yet. Nevertheless I counted an expanded triangle for wave A in red which is very uncommon but valid. Updates will follow but in terms of the bigger picture this is what we want to see because a deeper correction means more profit potential once we see the bullish continuation. That's the trade I'm looking for.
www.timstuyts.com
www.facebook.com/timstuyts
www.youtube.com/watch?v=HvmWTm4f...
