It's important to note that I get my confidence from the larger wave count.
The waves are pretty amazing when you really get into the characteristics of each correction.
For example the previous wave E is a critical component of this analysis but the waves that came before that E wave are even more intriguing.
A deep retracement in green Wave 2 found resistance at the end of blue Wave 1 which is not that surprising.
1729.512 remains in place as critical resistance.
We need to see a sharp break lower through 1691.773 to get convincing evidence that this move is actually now a wave 3.
Please LIKE and FOLLOW to get notification of updates and future posts.
The waves are pretty amazing when you really get into the characteristics of each correction.
For example the previous wave E is a critical component of this analysis but the waves that came before that E wave are even more intriguing.
A deep retracement in green Wave 2 found resistance at the end of blue Wave 1 which is not that surprising.
1729.512 remains in place as critical resistance.
We need to see a sharp break lower through 1691.773 to get convincing evidence that this move is actually now a wave 3.
Please LIKE and FOLLOW to get notification of updates and future posts.
