Ready for bulls?
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If the blue wave count is correct, another new high is not so far away
alternatively, complex sub wave e is also possible OR sub wave d is still unfolding (although less likely)
alternatively, complex sub wave e is also possible OR sub wave d is still unfolding (although less likely)
Uwaga
Uwaga
we still can not rule out a double zigzag for triangle wave {d} so farUwaga
double zigzag wave {d} is less likely to happenUwaga
sustain break above 6998.6 would likely to suggest triangle is doneUwaga
Uwaga
I am still inclined toward the (i)-(ii) + i = ii scenarioUwaga
we can have a bearish reversal if count the wave like this alternatively, this 5-waves sequence only forms wave i circle instead
Uwaga
immediate break above 7446.6 would signal more upside potential as it would suggest the sharp decline since 7508.6 was in three waves and it could be the sub wave (ii) of red wave {iii}
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
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