so far this rebound sound more like a small abc (which means it is a wave 4 rebouce), rather than a 1-2-3-4-5, which is a indication of new wave 1.
But it is still too early to tell, need to see how price action moves in the afternoon.
so far this rebound sound more like a small abc (which means it is a wave 4 rebouce), rather than a 1-2-3-4-5, which is a indication of new wave 1.
But it is still too early to tell, need to see how price action moves in the afternoon.
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