So that's my preferred count. Its an Expanding Triangle keeping everyone on the edges. E wave doesn't have to touch the upper line. But should either complete in 5 subwaves of smaller degree or 3 subwaves. Can only make sense that it will be ABC three waves as an E. So that wedge type structure has formed as a B wave and C wave coming to complete E?
Larger Structure is Bearish
Smaller Structure is Bullish
RSI Holding
When it takes time to complete the pattern in a sell off should consider it as a bullish signal or sign of strength ?
Larger Structure is Bearish
Smaller Structure is Bullish
RSI Holding
When it takes time to complete the pattern in a sell off should consider it as a bullish signal or sign of strength ?
Comment:
maybe this looks more convincing ?