
Mar. 6th – Russel
We got the missing leg I was referring to in my last update. The red rectangle area marks the 38% of potential wave (iii). So prices could find resistance there. Looking at current price action I wouldn’t be surprised if prices only reached the level of the internal wave four (see blue arrow). In this case the pattern currently forming could be a triangle.
Sarah
2 Comments
Quite helpful. Thank you
Thank you, Will, very glad to know that!