I am confident that we are just on the retracing Wave 2 of the falling diagonal.
If price retraces bullish, past Wave B (Black), then the count becomes invalid.
The same rules apply if price falls bearish too far, past our previous Wave 2 (Red). The count becomes invalid.
I am still working on a lower time frame count for the retracing Wave 2 (Blue)
If price retraces bullish, past Wave B (Black), then the count becomes invalid.
The same rules apply if price falls bearish too far, past our previous Wave 2 (Red). The count becomes invalid.
I am still working on a lower time frame count for the retracing Wave 2 (Blue)