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trendlab2
Jan 31, 2022 2:01 AM

Update to Seq End in EURUSD 4H Long

EUR/USDOANDA

Description

Ok, I've revised my analysis on this.

I'll quickly go over this change...
For Magenta counting rules please see my other posts...

Basically I changed my analysis of the type, to a 4/6 (red tags, point C and the DMC in FCT 2).
The cycle ends at point F so the antitype starts counting from there.
This (the antitype) now lines up with the 12 count from our prime set instead of the 14 (point K).

Looks like the low might be in for this sequence...
Comments
trendlab2
"...might be IT for this sequence" - good grief, in too big a hurry...
Just a little add-on, the cycle actually skips point G (forgot to tag it) and so the antitype doesn't kick in 'till the next event (gray/red "1.")
I know this looks complex, but once you learn the count rules for each process, it's really not that bad...
If anyone has any questions about MF, just ask, I'm always ready to help...
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