The correction I expected yesterday is unfolding nicely, but it will likely be a bit larger than I expected yesterday, where I was looking for a correction towards 1.6624, but as we now can measure wave a I have calculated wave c to end near 1.6604, where wave c will be equal in length to wave A, and set the stage for wave v higher towards 1.6981.
Longer term I'm looking for wave 3 higher towards 1.7595.
look this...do you think this is a valid label waves?
ReplyDeletehttp://i.imgur.com/4jgGv4Z.png
Hi Zink,
DeleteI think the rally is a valid count. I guess you Count the B-wave as a double zig-zag, but under this Count the ongoing wave C should continue higher towards 1.8428.
Kind regards
EWS