المشاركة الأصلية كتبت بواسطة mahmoudh7
After a high at 137.99 yesterday, we have seen a correction towards the important support at 137.02, but as long as this support protects the downside we should be looking for one last rally to a new high just above 137.99, but not beyond 138.30. As a break above 138.30 will make wave iii the shortest wave and that is not allowed under the Elliott Wave Principle. That means from just above 137.99 or upon a break below 137.02 we should be looking for a major correction towards at least 124.74.