**BULLISH COUNT***
If we are to be bullish the only count that I can see working is an ending diagonal. However due to a lot of fundamentals skewing the price in the bears favour, we may loose these two supports, and may travel back down to where we started.
First Support at the 0.5 Fib (confluence with the trendline)
Second support, we find confluence with the 1:1 of the ABC down (Wave 4), and the 0.382 Fib line.
If we are to be bullish the only count that I can see working is an ending diagonal. However due to a lot of fundamentals skewing the price in the bears favour, we may loose these two supports, and may travel back down to where we started.
First Support at the 0.5 Fib (confluence with the trendline)
Second support, we find confluence with the 1:1 of the ABC down (Wave 4), and the 0.382 Fib line.