Short-term bearish count

٩ أغسطس ٢٠١٨

I came up with three counts all lead to bearish potential

• a red impulse followed by a triangle correction
  
• a red impulse followed by a blue combination (w)-(x)-(y) where wave (y) is a triangle
  
• a red impulse followed by an orange double zigzag (w)-(x)-(y) correction, where wave (x) is a triangle
  

a solid close below red wave (d) low at 0.73482 would favor the red count
any immediate close above wave (c) high at 0.74643 would likely to suggest more complex correction is underway