I had a bullish count until i realized we probably are in a abcde correction, which means the 4th wave of the C wave.
Target is 0.267. Due to the length of the 3rd wave of C, the 5th wave can only extend so far. 0.267 also by chance is the 0.382 fib retracement of the 3rd wave structure, and 0.382 fib extension of the C wave.
Target is 0.267. Due to the length of the 3rd wave of C, the 5th wave can only extend so far. 0.267 also by chance is the 0.382 fib retracement of the 3rd wave structure, and 0.382 fib extension of the C wave.
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