Wave 5 seems to have extended over the original wave count
and may now develop into a deep 2 or B wave correction.
The potential Bat pattern adds to the confidence.
Clearly defined risk below X as that would invalidate the
wave count completely, although, if it remains in 3 waves
it could be considered an expanded flat - perhaps.
Anyway, below X and I'm lost = well defined /low risk trade.
and may now develop into a deep 2 or B wave correction.
The potential Bat pattern adds to the confidence.
Clearly defined risk below X as that would invalidate the
wave count completely, although, if it remains in 3 waves
it could be considered an expanded flat - perhaps.
Anyway, below X and I'm lost = well defined /low risk trade.
