long then short ( a new low is expected )
in this scenario, wave c must make a new high. however, there is 2 more probabilities :
1- wave c fails to make new high , in this case wave (4) unfolds as a triangle.expect wave e and d before the fall.
2- the price breaks the start of (A) directly . then wave 5 would be on progress.i would short it immediately.
1- wave c fails to make new high , in this case wave (4) unfolds as a triangle.expect wave e and d before the fall.
2- the price breaks the start of (A) directly . then wave 5 would be on progress.i would short it immediately.
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Probability 2 activated