Impulsve wave attempt
In my last TA 
I explained how a failure to break 8730 would extend the correction for an WXY combo. It is exactly what happened, I nailed the 8730 target, but I also did thought that we would go further down. We almost touched the 0.5 which is a decent correction for a wave 2.
As we stand the problem remains the same, we need to break this critical area for a better chance of going back to an uptrend. If it fails, we will go for another 3 corrective waves which in this case will have very good chances to bring us to 8k.
So far the impulse looks much healthier than the previous one.
I explained how a failure to break 8730 would extend the correction for an WXY combo. It is exactly what happened, I nailed the 8730 target, but I also did thought that we would go further down. We almost touched the 0.5 which is a decent correction for a wave 2.
As we stand the problem remains the same, we need to break this critical area for a better chance of going back to an uptrend. If it fails, we will go for another 3 corrective waves which in this case will have very good chances to bring us to 8k.
So far the impulse looks much healthier than the previous one.
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