If price breaks and closes below triangle, I will expect a final thrust to 110, at the least. I say at least because I am taking into account the alternative bearish count, of which its 5th wave should be of equal length as wave 1. If this does or doesn't occur, ultimately after some lower degree structure is resolved, I will expect the beginning of wave 3 of grandsupercycle.
Commentaire:
There was a perfect pull back to the tl this morning. I think it's too late now. There will be buying opportunities after wave 2 is completed.