A-B-C correction or 1-2-3 impulse?
- If we see a higher low, we could be getting a fifth wave up to the all time high level. A potential entry point for a long trade at the higher low.
- If we see a lower low, we may be in the C correction wave. We might then get a symmetric triangle from the 27800 low and the 42000 high. Another potential entry point at bounce off of the lower low.
- If we see a lower low, we may be in the C correction wave. We might then get a symmetric triangle from the 27800 low and the 42000 high. Another potential entry point at bounce off of the lower low.
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