have we jumped the creek ready to head towards SOS on the larger timescale? is this a sub accumulation in a larger phase D?
notmeanymore
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@cryptodude365, That's what i'm waiting on this pattern to help me decide. The rounding bottom that could possibly be playing out had a very short, or even non-existent phase C, with the last runup being our potential intermediate SOS followed by a subsequent BUC. I want to see us come up again on the larger pattern (exiting this one), and then come down with a lower low to be sure this was our intermediate BUC. If so we will be looking to do a final test of the top of the TR before going up for a while.
Of course all of this is subject to change based on the reactions within the tests. There is always another schematic to fall back into.
cryptodude365
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@djtidau, always coming with the good calls mate, with absolutely zero BS hocus pocus, and carefully considered, measured reasoning! - (crypwalker)