Price still compacting, too early to know but chances is this is still part of an ending diagonal
Very dangerous for bulls as it could reverse suddenly. Bulls should be counting it as multiple of 1 2 1 2, am not a fan of such count, prefer clear extended wave 3 then 4 and 5 instead of 1 2 1 2 etc
Will find out soon but as always, it could go either way but my prefer count is this is part of an ED as price is compacting and a mess.
Good luck ;)
Very dangerous for bulls as it could reverse suddenly. Bulls should be counting it as multiple of 1 2 1 2, am not a fan of such count, prefer clear extended wave 3 then 4 and 5 instead of 1 2 1 2 etc
Will find out soon but as always, it could go either way but my prefer count is this is part of an ED as price is compacting and a mess.
Good luck ;)