Industria Macchine Automatiche (IMAI - Italy) - ABC wave pattern

Industria Macchine Automatiche (IMAI - Italy) is in ABC wave pattern in 60 min time frame (or impulse wave 5th of C as shown in weekly). wave B is sharp and may be about to end soon. Wait for impulse up wave to confirm the C wave up move has started. C wave might be a 3rd wave of 5th major wave of C wave in weekly time frame, which will be known as chart progresses. A wave in 60 min time frame was leading diagonal , means C wave will be very sharp movement upside expected.


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