It seems like wave (Y) of ((X)) might have been in place. A downward impulse for wave C looks finished, so we could be at the beginning of a new bullish market. However, as long as the market remains below 0.9293, we can’t rule out a further decline in wave C of (Y).


Get 30 Days FREE Trial
Professionally done-for-you daily Elliott Wave analysis.
Instant access - no credit card required