Correction patterns are by far the most difficult to plot. It pains me to admit this, but right now I don't know how to plot this. Every time I think I got a solid plot set up the price does something different. I think this could be an WXY double correction (two ABC's), but it could just be the beginning of a triple correction.
In other news, we have new Pivot Points to work with. The new months pivot points are just below last months Pivot Point which is good, and hopefully will provide support during this correction wave(s).
At this point the only way I can confidently plot a new Impulse Wave is to wait until the price breaks past the last high at 0.96.
In other news, we have new Pivot Points to work with. The new months pivot points are just below last months Pivot Point which is good, and hopefully will provide support during this correction wave(s).
At this point the only way I can confidently plot a new Impulse Wave is to wait until the price breaks past the last high at 0.96.