maybe blue (w)-(x)-(y), maybe red (a)-(b)-(c) flat, or maybe it's already at the early stage of wave {iii}
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Larger Trend, possible primary pink wave C rally
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one more decline is also possible
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looking for trend line break to confirm the larger degree reversal is under way
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a new high exceed recent green wave (b) top would suggest bullish count potential
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a solid daily close ( 4 hour minimum) above 1008'2 would suggest white wave iii of pink wave (iii) is likely under way
alternatively, if green a-b-c =a, a bigger flat for pink wave (ii) is also possible
alternatively, if green a-b-c =a, a bigger flat for pink wave (ii) is also possible
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expanded flat for wave (ii)
looking for Fibonacci cluster area to provide potential support
looking for Fibonacci cluster area to provide potential support
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'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
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