Modification pertained to a more complex 2-3 and 3-4 leg developments into deeper zig-zags. As indicated before, the 2-3 leg is typically the longest, most complex - This re-adjustment only reflects this point.
There is no attempted Predictive/Forecasting Model for at the moment, so as to emphasize the pure geometric basis of price development.
Expectation here is a persistent rallying to complete geometry at Point-5, and a reversal back towards the 1-4 Line.
David Alcindor Predictive Analysis & Forecasting Denver, Colorado - USA
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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.