This is interesting and what I was alluding to last night. This is another rounded bottom pattern started from "One candle". The interesting thing here is that the wave count doesn't match as it does on NMR. Hence why the 5 + 3 is a valid call at present for NMR. For those that apply TA or are studying it. I think this is a very interesting chart that we have with NMR at present. I like how the "Rim" and breakout occured at the top of the original candle.
Martis all respect. But we did this last night. The issue is the 5 + 3 wave pattern. We all know about the rounded bottom.
This is interesting and what I was alluding to last night. This...
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| NMR (ASX) Chart |