Wave 4 of (3) dropped deeper than I anticipated, but still within the rules. Should hold over 5.28 and reach at least 15s to finish 5 of (3)...let price show an impulsive reaction here to be certain.
Still over 5.28 and has enough micro squiggles to be complete. Need to see an impulsive 5-wave move to add confidence. I'm holding underwater at the moment.
nick.holland78
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Holding the pattern fairly well. I plan to add soon. Below that 61.8% extension the wave 4 count is seriously questionable.
nick.holland78
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Oops, just realized I'm long, avg entry 6.53. The picture posted was meant to illustrate a hypothetical R/R trade.
nick.holland78
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Thought this might be useful given how many I've posted that are closer to the wave (2) portion of their pattern.