The 4th wave there is overlapping the first wave a little (breaks the rules).. however for the purpose of this count lets just accept that it is the fourth wave.. on retrace it should go back to the trendline to test it again and the blue arrow should be the first of the more powerful moves up.
Stops should be below the trendline - and should give it some over shoot room... at this stage around 18.154 looks safe..
If price breaks under the trendline best to sit out.
Invalidation of this count - 17.919 -
good luck be careful with your trades
Stops should be below the trendline - and should give it some over shoot room... at this stage around 18.154 looks safe..
If price breaks under the trendline best to sit out.
Invalidation of this count - 17.919 -
good luck be careful with your trades