That makes a lot of sense, and I think maybe we are both working on different wave degrees (times scale).
Intermediate : Weeks to Months
Minor: Weeks
Your wave 1 needs 5 fractals. I’m thinking my original 5 waves are your fractals, adjusted for the higher wave 5 at $3.76 instead of my projected $3.50 and the double bottom is the fractal 1 and 2 of your wave 1.
If this retrace is wave 2 we should see 3 fractals.
Cheers
GLTAH
PLS chart, page-5735
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Last
$3.00 |
Change
-0.100(3.23%) |
Mkt cap ! $9.034B | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.20 | $2.98 | $96.27M | 31.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 80269 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.03 | 22200 | 4 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |