I came up with three counts all lead to bearish potential
a solid close below red wave (d) low at 0.73482 would favor the red count
any immediate close above wave (c) high at 0.74643 would likely to suggest more complex correction is underway
- a red impulse followed by a triangle correction
- a red impulse followed by a blue combination (w)-(x)-(y) where wave (y) is a triangle
- a red impulse followed by an orange double zigzag (w)-(x)-(y) correction, where wave (x) is a triangle
a solid close below red wave (d) low at 0.73482 would favor the red count
any immediate close above wave (c) high at 0.74643 would likely to suggest more complex correction is underway
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
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Email：info@ewc.space
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'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email：info@ewc.space
Email：info@ewc.space
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.