NatGas has been indulging in athletic activities – quite in accordance with its temperament. Since the end of wave ii in pink, NatGas has been exercising on the stairwalker, has been playing squash in the green trend channel and has been doing some aerobic. Next, it should proceed with trampolining on the blue zone between $5.554 and $4.684 to finish wave iii and iv in pink and then drop onto the pink mattress between $5.156 and $4.455 to complete wave v in pink, which also includes concluding the overarching downwards movement in the course of wave 2 in green. There is a 28% chance, though, that NastGas could skip the blue as well as the pink zone and lift itself directly above the resistance at $8.123.
@DailyMarketUpdate, when I compare your idea from 13.09. now it should be the bottom.
mponevar
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Don't care about waves, H&S is clear and we have double H&S. One on daily and one on 1h chart. I think first small reversal is going to be around 6.290 and second ... maybe final till spring 2023 around 5.4. IMHO
wolffarchitecture
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I like the thought and I think you will be making money with this count. Having said that: A-B-C patterns are either 3-3-5 or 5-3-5 but C-waves are always 5 wave structure. You may be thinking of and X-Y-Z harmonic Elliott pattern. OF course the most important count is the one that makes money, not necessarily the "correct" one.
mponevar
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How the hell is this rollover calculate now? it is 4.7 here but 5.3 on my chart??