I have changed the placing for Wave 5 as it broke upside the previously supposed turning point.
The Wave 5 now positioned has also hit an important resistance level, I'm expecting a break of the lower trendline for Wave 2 formation, once the trendline break is in place we can then look for the possible targets for Wave 2 down.
The Wave 5 now positioned has also hit an important resistance level, I'm expecting a break of the lower trendline for Wave 2 formation, once the trendline break is in place we can then look for the possible targets for Wave 2 down.
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Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
