NGH21 has nicely followed our count.
My hypothesis that we dealt with a corrective triangle was spot on.
As we expected this morning, NGH21 made the final micro push down in subwave e down to complete a triangle corrective structure and produced a strong rally tagging the Red target box.
NGH has climbed up to the Red Target box and at this point I would consider cutting longs.
At this point break down under the low made at 3.072 by subwave e of ( iv ) would confirm completion of the rally and start a new move down.
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