I have been keeping a close eye on Dow Jones ever since it was about to finish its Wave 3 which I mentioned in my previous analysis stating that the correction is incoming.
Right now, I am anticipating bounce from current region as much as 100%+ of Wave 3 making the overall market structure to be Expanding Diagonals.
I have mentioned my primary Wave and Sub-Wave count in the chart.
Hoping for the best :)
Right now, I am anticipating bounce from current region as much as 100%+ of Wave 3 making the overall market structure to be Expanding Diagonals.
I have mentioned my primary Wave and Sub-Wave count in the chart.
Hoping for the best :)
הערה:
Another LTF bullish scenario is this one which is shown below consisting of Leading Diagonals.
I closed my long at breakeven for now. Waiting for 1 last leg down and some confirmation on LTF before re-entering in Long.