Two faults on this pattern :
Pattern: WXY ( Double Zig-Zag)
Probability : Low Probability
You'd have to say the "Green Micro C wave"
isnt complex , because then you have 2 complex legs which is against rules
Feedback if it gets to invalidation point id more rather assume we get a
3 wave which I've had as a probability about a 2 weeks ago. Also just for
further insight getting to low here in the (Sub-Micro E wave) could lead
us at risk of breaking "Contracting Structure" off the "RSI"
Alternative pattern : WXY (Sideways Double combo) with the Y wave as a
Triangle ( Also Low Prob.)
Pattern: WXY ( Double Zig-Zag)
Probability : Low Probability
You'd have to say the "Green Micro C wave"
isnt complex , because then you have 2 complex legs which is against rules
Feedback if it gets to invalidation point id more rather assume we get a
3 wave which I've had as a probability about a 2 weeks ago. Also just for
further insight getting to low here in the (Sub-Micro E wave) could lead
us at risk of breaking "Contracting Structure" off the "RSI"
Alternative pattern : WXY (Sideways Double combo) with the Y wave as a
Triangle ( Also Low Prob.)
Trade closed manually
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.