Hi all,
In my previous publication, I mention that cycle wave 4 purple ought to be quick and short by the guideline of alternation.
Here cycle wave 4 purple unfolds as a simple zig zag in which waves A and potentially wave C unfold as expanding diagonals
Primary wave B red terminates at 38.2% the length of wave A red, fitting the characteristic of a running flat.
__________________
Confidence = 9163
Confirmation = 8716
Invalidation = 10460
In my previous publication, I mention that cycle wave 4 purple ought to be quick and short by the guideline of alternation.
Here cycle wave 4 purple unfolds as a simple zig zag in which waves A and potentially wave C unfold as expanding diagonals
Primary wave B red terminates at 38.2% the length of wave A red, fitting the characteristic of a running flat.
__________________
Confidence = 9163
Confirmation = 8716
Invalidation = 10460
Note
*Intermediate degree alternate 1* Invalidation = 10370 (wave 4 may not move beyond end of wave 2 for exp diagonal)
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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.