There is, actually, an alternative bearish wave count, but I don't like it much, because:
- pink wave 5 ended up with a-b-c wave on April, 1. It is not in wave theory, but, in practice, it takes place sometimes;
- impulses in olive waves 1 and 3 looks bizarre.
Anyway, decision about entering the market should be made only if we see an impuls on the way down, or a-b-c correction down and an impuls up.
- pink wave 5 ended up with a-b-c wave on April, 1. It is not in wave theory, but, in practice, it takes place sometimes;
- impulses in olive waves 1 and 3 looks bizarre.
Anyway, decision about entering the market should be made only if we see an impuls on the way down, or a-b-c correction down and an impuls up.