As the market continues to tank , forming overlapping waves, not to be counted as consecutive impulse but as an EDT
in a big C wave here is the actual update with the deepest allowed extension of the 5 EDT
of 409x USD as the 3 EDT
cannot be the shortest wave...so be prepared for a low in the iii
of c of 5 EDT
and a v forming in the c wave which will not make a lower low, as it is and was the consecutive pattern throughout the whole EDT
....so we will take that fractal
behaviourial pattern to position a longterm long trade by this higher low assumed to be forming.
As the Ending Diagonal
Triangle ( EDT
) is a pattern that "ends" something : do not be surprised for it to end the whole correction since December.