BSV is showing strength in an otherwise down day in the market. snag.gy/16UCMz.jpg
The correction could get more complex but the potential move upward based on wave count suggests it needs to be a vertical wave 3. If not, that's likely the invalidation of this bullish count. Don't want to miss this upward move. Stops can be placed at the wave 2 low for a low risk trade.
הערה
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Wave 2 is going deeper and I suspect it's a complex correction. Better entry price at about 93.50.
@jegner, this is how price has played out since my last update. Very difficult to count, however, it's clearly corrective, sideways movement which supports the anticipated bullish setup. Still, a new low below what is currently labeled W would be ideal. That could be a sharp breakdown from the current consolidation.
Youtrade1
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Entering at 100 just incase
Kappy
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@Youtrade1, yeah, I'm already in partially and plan to add based on how the wave structure plays out.
Kappy
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Wave 2 is going deeper and I suspect it's a complex correction. Better entry price at about 93.50.