One of the possible impulsive counts (1-2,1-2,1-2) is about to be
invalidated due to wave 1 and 4 overlapse but it is still possible
however not very likley for impulsive wave 5 to develop – You can see it
on Daily chart:
Much more probable wave development is provided on this Daily chart, showing WXY structure as wave C:
If You want to receive more charts like this – with EW count, arrows, entry, TP,SL and explanation – JOIN THE VIP SERVICE NOW!
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