D1 We don't have any bullish divergence and wave A low may not be in place. Once we have the A wave low I expect to see a correction most likely up to the 50fib retracement (target), then get a C wave down breaking below the red line. What the corrective structure will look like is anyone's guess at this stage but I suspect choppy price action in the weeks ahead as I suspect were in a B wave so trade with care.
I don't see any trade setup's on the lower timeframes at this stage so I will update this idea when I get more data and potential trade ideas.
W1 Is This The End! Idea, check it out to get my prospective of the higher timeframes thanks.
Good luck and trade safe!
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I don't see any trade setup's on the lower timeframes at this stage so I will update this idea when I get more data and potential trade ideas.
W1 Is This The End! Idea, check it out to get my prospective of the higher timeframes thanks.
Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation for this free analysis, You seen these counts and analysis here first!
Thank's to all the traders in advance that hit the thumbs for your support!
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