Potential flat correction: C wave up may be coming
We can see that the 3 wave move down just hit -0.236, the target of a flat B wave move down.
So we can expect a 5-wave C wave move up to start now, and it should hit at least 0.618 of B wave even if it will be a running flat. In better case, the C wave can hit 1.236 or even 1.618.
Remember to exit the trade after you see the 5-wave move is done. It's extremely difficult to count every wave for now, so don't stay too long before we have enough confidence.
So we can expect a 5-wave C wave move up to start now, and it should hit at least 0.618 of B wave even if it will be a running flat. In better case, the C wave can hit 1.236 or even 1.618.
Remember to exit the trade after you see the 5-wave move is done. It's extremely difficult to count every wave for now, so don't stay too long before we have enough confidence.
Feragatname
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