It is very possible that I have the wave count incorrect because a wave III/IV likes to retrace to the 50% Fib level of a a/b wave.
That would make the wave I top at the Red dotted line on the Daily chart.
The beginning wave could have been a Expanded Flat albeit having an efc wave come up short on retrace. (ill-regular triangle).
I posted I would sell @ the 16.33 but waited an gave the 16.00 cross over a chance to work,but that's about all I would allow because the bullish structure would be breaking down.
The main reason I've Been holding and giving this the benefit of the doubt is because I am looking for Longer Term
Trades in an Higher Tax environment.
Buying and selling with too much frequency
justs hands Gains over to the IRS and
your Brokers.
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