Price just entered an area of increased demand and is showing some first signs of reversal
I'm not expecting a turn around right away however upon here in the near future I will be seeking to take position in the bull market
I will ride that into the second leg of the 3 way structure in between (x) and (y) ..at least thats the plan haha
I will change structure view as necessary.. ALWAYS

Theory two consist of price riding into its next long term structure pushing towards the area of extreme supply line (upper blue)

preceding analysis posted in "related links"
Elliott WavePivot PointsSupply and Demand

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