Good morning

After three days of frustration with Chart Trader Pro I finally decided to move to Trading View yesterday and I wanted to give you a quick update last night. But I feel like to give you extra update, after all,the move from the low could be a leading diagonal and most likely in the A-position. As long as we stay above the lows from last week there is a potential bullish scenario as follows :

So after A (or 1) we would have a double zigzag for B - followed by an impulse, the early stages of C, then another double zigzag correction, but the degree of the correction is lower, so this is a potential 2nd wave. Now we must monitor the line that connects B with that low, if that line breaks more downside is coming. If so the B wave low is not going to hold and that could mean that "B" is still in progress, and that is what I showed you yesterday.

So with this quick update I just wanted to warn you for a potential bullish reversal as we could now be in the early stages of an upward third wave.  No evidence of that yet though, just a little bounce after an obvious 5 waves down, the question remains if those five waves down are a c or a iii.

More later!  

Have a good one!