Short-term Selling Opportunity
Updated
If we are still in the middle of green wave b, there is a sub wave c to catch
If however the pink a-b-c is the end of entire correction, the potential decline would be one degree higher
Also note: pink wave b may not be a FLAT (sub wave {B} retraced less than 80% of sub wave {A}) nor a ZIGZAG (sub wave {C} did not exceed the end of sub wave {A}).
Therefore my preferred count is in green
If however the pink a-b-c is the end of entire correction, the potential decline would be one degree higher
Also note: pink wave b may not be a FLAT (sub wave {B} retraced less than 80% of sub wave {A}) nor a ZIGZAG (sub wave {C} did not exceed the end of sub wave {A}).
Therefore my preferred count is in green
Comment
almost there? Comment
bigger picture Comment
weekly chart Trade active
expecting a new low for blue wave {v} Comment
the decline so far does not fit with the immediate bearish pink (c) assumption, so i guess we could see another new high to finish blue wave (c) of {iv} Comment
will price reverse near the 1.618 extension at 0.7083 ? 
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
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