Hi all
Updates:
*Alternate 1 DISCARDED*
*Alternate 2 TO BE MODIFIED*
________________________
Minute wave y pink forms a double ending diagonal within minuette zig zag structure green. This is completely valid as an ending diagonal is a variation of an impulse so this structural count is still 5-3-5.
Ending diagonal within wave c green experienced a very aggressive overshoot which is not unusual. However to ensure that this pattern was valid, I make the observation that wave 5 (1.30%) is not bigger than wave 3 (1.34%).
This count sees that minor wave 3 blue is in its early stages of subdivision.
________________________________________________________
Confirmation = 1.43476
Invalidation = 1.47672
Updates:
*Alternate 1 DISCARDED*
*Alternate 2 TO BE MODIFIED*
________________________
Minute wave y pink forms a double ending diagonal within minuette zig zag structure green. This is completely valid as an ending diagonal is a variation of an impulse so this structural count is still 5-3-5.
Ending diagonal within wave c green experienced a very aggressive overshoot which is not unusual. However to ensure that this pattern was valid, I make the observation that wave 5 (1.30%) is not bigger than wave 3 (1.34%).
This count sees that minor wave 3 blue is in its early stages of subdivision.
________________________________________________________
Confirmation = 1.43476
Invalidation = 1.47672
Note
*Alternate 3 CONFIRMED*
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Related publications
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.