Last time I assumed it was ABCDE correction but it wasn't and price moved sharply higher.
I relabelled the chart accordingly.
We made sharp correction in blue wave B of larger (C) of {4} (81% retraced).
Now last blue wave C up with target of 1.618 of blue wave A at 51.22
Entry 45.36
Stop 44.22 (low of large blue B)
Target 51.22
Best of luck!
I relabelled the chart accordingly.
We made sharp correction in blue wave B of larger (C) of {4} (81% retraced).
Now last blue wave C up with target of 1.618 of blue wave A at 51.22
Entry 45.36
Stop 44.22 (low of large blue B)
Target 51.22
Best of luck!