To understand it more we have to look at a smaller timeframe.
in the first 2 steps, market will break the pattern towards the downside and as a reaction, it will reverse, and in the third step will drop to its destination.
The drop will start from 4.031 true reversal point and will end at 3.24, about a 20% drop.
Every wave is tradeable. You can long after breakout and sell from true reversal point
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@Aadil1000x You really know what you are talking about... :-) I follow you for longer time now and you are almost always right!
Aadil1000x
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@iv41879, It's because I keep creating new methods and I forgot the old methods. Also, there is a lot of fake knowledge in public which has destroyed almost every trader.