The impulse had many primary wave extensions which is why it seems it has bottomed on just one sharp fell swoop. Having gone too far none the less I think the bottom very probably in.
We know theres a bottom here because of the triangle. We know abc's retrace at least 62% as a strong guideline. Not to mention that the abc could have been a wave ii of sorts.
We know theres a bottom here because of the triangle. We know abc's retrace at least 62% as a strong guideline. Not to mention that the abc could have been a wave ii of sorts.
Might actually play masterluc's Ping Pong game, which leads to another large triangle forming. 400-800-470-710-510-TriangleEnd
The lines in red perhaps explain what you mean. The larger pattern bouncing up and down.
But where will it break out? down or up?
