For all of you that like to take a look at the big picture of things, this is what I see.
We could be at the end of a big ABCDE correction.
We broke through the falling wedge froming the potential 1 wave.
I expect the price to go back down to the breakout level (see sub EW count below).
For me that is the point where I want to accumulate.
For the sine wave we...
- Wave 1 finished -
- Wave 2 in the making - ''correction''
- Looks like- A wave pullback in a bigger ABC correction
- Possible short term '' sell'' down to fib level.
- Then turn to complete the B wave