New TA/Charting, page-5205

Yesterday I was only slightly of when I said that IMCO another move up was imminent, because was also saw another low for the LPS ... https://hotcopper.com.au/posts/53913184/single however the move up also started today. The chart pattern I mentioned is a rising wedge pr in this case possibly a TED, which could end wave v up for wave 1 up at what I mentioned another 52 week high around the upper TL of pattern as indicated. So in clear text, if I'm correct, at the coming high I would expect another correction for wave 2 down with wave 3 up to follow. That's the wave you wouldn't want to miss by sitting on the sideline, because usually wave 3 moves are the longest and strongest move in any 5 wave wave pattern, but I will update when we get ti that point towards the bottom of wave 2 down.
Wave 2 down will give indicators a chance to relax somewhat because you can see on the chart they are high and if I'm correct will top out again even higher. So relax when the next high is in, because IMCO it won't be the last.
The above might explain why I do all this charting, wave counting etc, because if confirmed it simply gives me the confidence to think ahead and predict the moves ahead with some raised level of certainty. Well from the charting point of view, it got me and possibly some of you guys to where we are today.