working on trading 5 waves down for green wave C
on the 4 hr chart 5 green waves up can be seen and i believe we are working on the ABC correction
5 waves down for green wave A can be counted with green wave B taking the form of a zig zag.
the red fib ext is a measurement for equalization for red wave a to red wave c
the green fib ret is what a typical b wave will ret. which is often 78.6. looking for this fib zone to be the end of green wave B
on the 4 hr chart 5 green waves up can be seen and i believe we are working on the ABC correction
5 waves down for green wave A can be counted with green wave B taking the form of a zig zag.
the red fib ext is a measurement for equalization for red wave a to red wave c
the green fib ret is what a typical b wave will ret. which is often 78.6. looking for this fib zone to be the end of green wave B