Hi traders,
Overview: lets review our expectation published yesterday: "I am now considering wave X as a flat. Waves (I) and (II) have been completed, with wave (III) currently in play. I see wave X reaching the top of the bullish channel (blue lines) as a potential target."
Update: there is not much to update as the price action followed our count perfectly. Potential targets for wave X top (~4040):
1) Wave X: 4018 and 4049.75
2) Wave C: 4034.75
3) Wave (V): 4042.5
4) Wave c: 4043
Overview: lets review our expectation published yesterday: "I am now considering wave X as a flat. Waves (I) and (II) have been completed, with wave (III) currently in play. I see wave X reaching the top of the bullish channel (blue lines) as a potential target."
Update: there is not much to update as the price action followed our count perfectly. Potential targets for wave X top (~4040):
1) Wave X: 4018 and 4049.75
2) Wave C: 4034.75
3) Wave (V): 4042.5
4) Wave c: 4043
