Why? Because I might be wrong, and because I want to meet new people who have alternative perspectives.
UCAD Short is what I am currently analysing.
theory says that 5 waves up are followed by 3 waves down and I want to share this.
I believe price is in the Wave B area and consolidating for another wave lower.
When will this occur? Since this is a weekly chart, there might be a bit of time before it gets under way, but it's always nice to have a heads up and be ready when the Wave C gets fully under way.
I will update you on any new developments as I find them. Thanks for checking out my post.