Hi, mark the waves on the chart, so many opinions about what wave we are in now
Aqua_Trader
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agree with you
JeffersonBarbosa
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@SN_Doumet, Please help me, I'm really in doubt about 1st wave, even I try count the 5 waves of wave 1 I cannot find them to really say that it is a real 1st wave. Another doubt about the genuinity of 1st wave is that I knew a rule that says something like that: "2nd wave may be any correction type, but less a triangle" and I see a triangle in 2 wave. In my studies in my chart I labeled what almos all people call wave 1-2 as a X-Triangle. I do not know the veracity of this rule, but even it confuse me about wave 2. Have you ever heard something similar?
Aqua_Trader
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@JeffersonBarbosa, I have heard of sth similar as well, yet nowhere is stated that wave 2 CANNOT be a triangle. It is a rare occasion, and it is true that usually wave 2 belongs in the zigzag and flag family tree, while wave 4 usually belongs in the triangle family.
Aqua_Trader
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@JeffersonBarbosa, I'm not a wave expert myself just stating a few facts i have read about. Perhaps one more knowledgeable can shed more light on this