On that note is anyone seeing the possibility of any large chart patterns starting from the top? I know the falling wedge pattern has been mentioned numerous times, however I don't think it does apply in this case and IMO couldn't be justified as such anymore either. I made an attempt to get away from it here earlier, but discussion wasn't going anywhere at the time.
For some time now I have been playing with the idea of a Triple ZigZag, a very rare and difficult chart pattern to identify, however not being able to fit it all into a falling wedge I looked for alternatives. Looking at wave counts etc I finally arrived at a possible Triple ZigZag though.
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