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Prices have rallied since the last chart, and appears to be stalling at the bottom of wave iii decline (See brown line). My preferred count is a 1-2-3 and waiting for wave 4 and 5 to complete. An alternative count would be an A-B-C, where wave A = Wave C (If you measure Wave 1 and 3, they are rather similar in length).
In anycase, stalling below the wave iii decline (Brown line) could mean a decline from this level before its next (anticipated wave 5) rally.
Good luck with your trading!
