This particular count which is similar to previous count suggests that Wave (C) is in progress.
My previous long idea linked below shows that we are making a move to the upside.
Could this be the last move in the pattern? If it's a Wave (C) then technically yes.
Wave v is a Type-2 expanded Zig-Zag which should bring the trend to an end once the target is reached.
For now we are long and this market could potentially break above this resistance which has been keeping movements restricted.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
My previous long idea linked below shows that we are making a move to the upside.
Could this be the last move in the pattern? If it's a Wave (C) then technically yes.
Wave v is a Type-2 expanded Zig-Zag which should bring the trend to an end once the target is reached.
For now we are long and this market could potentially break above this resistance which has been keeping movements restricted.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
