Trying to make sense with Elliot Wave. Nothing wrong with labelling that motive wave of Intermediate degree. Now correction taking place A and B looks complete. C in the progress which should be made of 5 sub waves of minor degree. As we see wave 4 in progress. For wave 5 target at Fibonacci .618 which is also a SR level.
Usual case scenario is that after a motive wave correction falls in the wave 4 region.
Usual case scenario is that after a motive wave correction falls in the wave 4 region.
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just in case i have moved my stop to break even
