This count suggests we will see higher prices here after this WXY correction.
I like this one a bit more than the alternate count because wave W and X are clearer this way but,
we need to be cautious with this wave Y because it's possible for it to be only wave (a) of ((y)),
meaning the move to the upside should be limited.
So, only a big sharp break above 125.25 would indicate more upside momentum.
A move above wave orange wave iv would indicate higher prices, at least, short term.
I like this one a bit more than the alternate count because wave W and X are clearer this way but,
we need to be cautious with this wave Y because it's possible for it to be only wave (a) of ((y)),
meaning the move to the upside should be limited.
So, only a big sharp break above 125.25 would indicate more upside momentum.
A move above wave orange wave iv would indicate higher prices, at least, short term.
Kommentera:
Alternate count - ((abc)) move coming to an end. Bullish divergence also suggests a reversal.
Kommentera:
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