Only the short term trend has been weak here (retrace) ..the...

Only the short term trend has been weak here (retrace) ..the underlying trend which got us here is still very strong..
but yes your right if 62% doesnt hold then the long term trend will likely fail too..but this is a very high odds trade if 62% does hold...I`ve seen it break upwards into a wave 3 many many times.....when this upper trend line goes.. we`re on.