im looking at the wave counts with the latest downside fitting in with the larger Andrews fork so that down trending line @ high of wave 5 is important.
assuming we are in wave c now, i expect gap to close around 41 cents then obviously watching the line thats caught the high @ 5 and the b corrective wave to be broken before a position.
then looking up to 60 cents.
like i said ages ago this had moved so fast of the back of how far spot had moved.... and i got ragged on, this is having a much needed break and i dont think the moves are over yet. lots of opportunity here.
chart, page-117
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$2.35 |
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