Hi All,
I really didn't explain why long is now possible. This is due to the small 3 wave retracements that you can count on the 15m chart... This leads me to think that there will be either:
1) a B wave retrace for a short setup
2) or we should see some big impluse waves to the upside for a 3rd wave
3) we go up for a 4th wave to complete a 5th wave lower...
looking like a very very risky long term long - but a relatively safe short term long (intraday trading)
I really didn't explain why long is now possible. This is due to the small 3 wave retracements that you can count on the 15m chart... This leads me to think that there will be either:
1) a B wave retrace for a short setup
2) or we should see some big impluse waves to the upside for a 3rd wave
3) we go up for a 4th wave to complete a 5th wave lower...
looking like a very very risky long term long - but a relatively safe short term long (intraday trading)