this concrete pattern seems to be invalid , but I think price still in consolidation. pattern might play out as expanded flat I think if price havent exceed wave 1, it can be still considered as wave 3-4 , right? do you see more upside coming?
I am not very familiar with neowave, But I will look into it over the weekend. I have had some spectacular success with traditional EW that I am willing to keep it in my trading arsenal and not mind the 30pips donation to the forex cloud (loss). Altogether TA doesn't guarantee trading profits. We just use it to find hooks to hang our trades on. The trader plays a big part