EWave Principal of Alternation Suggests 4th Wave Zig Zag Long ??
Anticipating a zig zag looking 3 waves into the .382/.500 fib retracement
for a final 5th wave up to slightly new highs.
(if analysis would label the mess of a 2nd wave as a triangle-not common for a 2nd wave)
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There - the bigger trade will be the potential for larger
corrective price action, perhaps, as big a retracement
as down toward the .9300 area.
for a final 5th wave up to slightly new highs.
(if analysis would label the mess of a 2nd wave as a triangle-not common for a 2nd wave)
[[]]
There - the bigger trade will be the potential for larger
corrective price action, perhaps, as big a retracement
as down toward the .9300 area.