I am looking at the formation of a standard ABC correction flat. Expect the price to bounce on the 107.0 / 106.9 range before either turning back completely to the upside or start a more complex correction structure. The end target of this 1 up move is at the 111 zone so let us see what happens when the correction is complete.
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going well, expecting another down move now before the bigger up move.
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woops wrong chart XD
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Same idea guys, look for 1 more down of similar size as shown above or sideways consolidation for the bigger move up that could start from here as indicated in the original forecast.
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Still looking for something like this possibly to be a running flat correction before continuation up side.
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