It looks like we are about to bounce off the major resistance shown at the top of wave 3.
Support at about 9000 matches with 0.618 retracement of the wave 3 impulse with a final impulse going to the highlighted area.
Support at about 9000 matches with 0.618 retracement of the wave 3 impulse with a final impulse going to the highlighted area.
Commentaire:
My only ocncern with this is it leaves waves 1 and 3 of the higher wave form at roughly equal lengths