Now the dilemma . Is this the right time to buy
1. It has done a double correction . Triple zig zags are rare .
2. The correction reached the previous wave 4 of one lesser degree .
3, It is on the verge of a 3of3of3 .
4. The slope of the new move is sharper than that of the corrective structure .
1. The correction did not retrace 38.2 % at 117 . But it turned around from 119 . I think its not a very big con . And augurs a view.
All will be clear moment its crosses 135 .
So one can buy for a very sharp upmove with a SL of 124 taking the view this upmove may be the final x wave