great job .tnx for idea sharing.wave c in diagonal form. is there any alternative for wave count ? i mean if oil dips down below 75 $
Kirahehe
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@MtICHI, thanks. This is another possibilities where wave 5 truncation happen if we assume that the whole rally from nov 2020 is wave 3. Wave 5 truncation happens when there is too strong of wave three although it is rare
there is also this possibilities, where the drop now is all part of a larger (a) for higher degree wave. about the time analysis, i dont really know about it as there is not much material to read about it.
honestly, i'm kinda lost in the count right now haha :"))
MtICHI
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@Kirahehe, great explanations and possibilities. Tnx