polarity

polarity

Scenario 1. We get stuck in between the orange dotted line and the solid yellow line to form another wedge possibly ABCDE up (Wave 4) before breaking down to start 5th that ends at where the yellow support line is. We start ABC from there, this ABC is the sub-wave 2 within corrective A. Secenario 2. We are going into sub-wave 4th that is part of sub-wave 3...

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in 1 hr chart, ATOM Subwave 5 of Corrective A has ended, we are now waiting for subwave A of corrective B to start. Or has it already started and turns out to be a weak one?

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We could see further down side from here on. Trade with caution with tight stop loss. Last dip also involved 3 short period of consolidation before it fail.

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I was messing around on the 1h chart last week. I did not realize when you switch time frame, all the old drawings pop up. This is the first thing I saw when I switch back to 1H Let see if it end where its going to end.

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Anyone else seeing this? Will history repeat itself again?

polarity

We could retest 61.xx after wave 5 before the bounce.