Based on my initial idea - we finally saw the double bottom.
I expect a WAVE B Retrace to 0.5 FIBO and the last leg down from there into our WAVE C/Y.
Keep in mind this is long term. If I take the channel our target could be be reach March 22.
What do you think is going on here? Another move down after the retrace or is a long WAVE 2 correction over and we will move into WAVE 3 and beyond?
I expect a WAVE B Retrace to 0.5 FIBO and the last leg down from there into our WAVE C/Y.
Keep in mind this is long term. If I take the channel our target could be be reach March 22.
What do you think is going on here? Another move down after the retrace or is a long WAVE 2 correction over and we will move into WAVE 3 and beyond?
