Short-term Selling Opportunity

If we are still in the middle of green wave b, there is a sub wave c to catch

If however the pink a-b-c is the end of entire correction, the potential decline would be one degree higher

Also note: pink wave b may not be a FLAT (sub wave {B} retraced less than 80% of sub wave {A}) nor a ZIGZAG (sub wave {C} did not exceed the end of sub wave {A}).

Therefore my preferred count is in green

Kommentera:

almost there?

Kommentera:

bigger picture

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weekly chart

Handel aktiv:

expecting a new low for blue wave {v}

Kommentera:

the decline so far does not fit with the immediate bearish pink (c) assumption, so i guess we could see another new high to finish blue wave (c) of {iv}

Kommentera:

will price reverse near the 1.618 extension at 0.7083 ?