Normally such failures are followed by sharp rallies, due to short covering, and the current up move has shown this characteristic.
Where to buy ?
As per this count, buying signal near 10100 minor is required for initiating longs.
What could be the targets?
The tentative projections shown on the chart could be the minimum wave 3 targets.
Where would be the strong confirmation?
The continuation above 10179 would be a strong confirmation for these targets to get achieved.
Rest of the notes are on the chart.
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Enjoy the weekend.
As per this count we might be in 5th or 3rd of 3rd.
If this is 5th, the wave should end near or below 10420 as 3rd can not be the shortest.
Let's see how the waves unfold.
Thanks for the reply.
if that is the case , we should have a fairly good upmove in the coming days. However i have a different wave count