Complex correction
We had a flat three wave correction (wave W). This correction was followed by a zigzag correct (wave X)
that stopped at the 38.2% retracement level.
The impulsive reaction from that level suggest we should see a zigzag correction for wave Y
that should takes us to around 1.6, from where the decline could resume.
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Good luck!
that stopped at the 38.2% retracement level.
The impulsive reaction from that level suggest we should see a zigzag correction for wave Y
that should takes us to around 1.6, from where the decline could resume.
Disclaimer: traderwgun.com/?page_id=26
Twitter: twitter.com/atliveanner
Tradingview: tradingview.com/u/traderWgun/
Mail: traderwgun1gmail.com
Good luck!
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