This count suggests that we might still have some leg to the upside before resuming the downtrend before selling off
As long as we stay below 15271, we should expect another move to the downside before resuming the uptrend
The move from the bottom it is still in 3 waves and it does look corrective in nature...we only have to see if it is wave 4 or if wave B already is on its way....in both scenario I see another leg to the downside
I think we started a correction on DAX that I view as a wave 4 of a larger degree that could lead a move to the 14700 area.
We are not out of the woods as of yet, BUT things look good for BITCOIN. We need to see a clear 5 waves up and a pullback in 3 to confirm that we have a major bottom in place
I am expecting another leg to the downside as long as we stay below yesterday's high. Target into FIB level 3739
We could have a potential TOP here, but we first want to see confirmation of our idea....meaning we want 5 waves to the downside on a smaller time frame.
Everything went as we were anticipating....now let's wait for confirmation to see if a temporary TOP is in place
Corrective pattern still in play. We are waiting for wave b to be completed and then we expect a move lower into 15000 area.
This is my view short term for DAX...a move to the upside into FIB resistance and then another down leg to complete green wave (iv)