Forming another batt preparing for a lower downtrend.
and let's see what changed from the analysis of last week we had all week with uncertainty yesterday the bulls have sought the extension recording a maximum of 0.7691 the day to take it all back and then close it seems that o.7616 finally gave the green light to the downside next support and 0.7445
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This is a follow up of the last elliott wave analysis published 8 months ago www.tradingview.com The basic change is in the extended 5th. The diagonal as we expected did not work due keep the original wave count as originally stated is impossible due now will see the 3rd wave as the shortest. This can't be even in diagonals. So the best way to update it is by...