Well the trend line did not hold for a failed -c- wave so it extends to the return where the correction began. That is wave -a- end.
That should end wave two. Now down we go. First target is wave four which is just below the gap.
This should start wave three at this point. Impulsive wave pattern. Short is the word.
One other thing to note on this chart. Is what I call the gann pattern. Higher highs and higher lows. Notice on the chart how they make a latter. The first low that is broken is the one to enter on. Once in a while it will bite the trader. Not very often tho. One of my favorite entries. PS at the bars high you used to enter on.
