Apologies, I had the || wave in the wrong spot, I left it out of the way until I thought I had a better spot to put it! I think the expanded flat is out now, we had 5 up 3 down, unless it takes out the 6c low, then I'll need to reconsider.
The way I read it is we are forming an extended third wave, possibly having seen the 1st and 2nd, 5.4c to 12c and 12c to 6.1c respectively. Which will line up better timing wise with the main drill event, whether or not it gets above the main fib areas prior, who knows, for me it will likely be a buy the opening gap if it is above the fibs, or look for a possible entry below. We should have plenty of time considering how long it has taken on this drill.
The || wave looked like a A=C correction.
Hard to get a better backtest of the downtrend line:
Chart, page-1570
-
- There are more pages in this discussion • 592 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)