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HUL - HLL

16 Feb 202103:39 PM

The chart speaks for itself, so I don't want to say much. The actual properly completed a 5 wave advance and can come back to the lower end of the rising channel near 1795-1850. The range represents various levels at the lower channel depending on how long it takes to get there. There is also the risk of breaking the channel if indeed 5 waves are complete. . What if it is not complete? Then the blue markings after alternate wave count where this decline might only be a fourth wave and a final 5th wave to the top end of the channel may be pending in the future.

 There is also the risk of breaking the channel if indeed 5 waves are complete.

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