I spent the last few weeks out of trading as I attempted to identify the start of an ending diagonal based on what I saw on lower timeframes in anticipation of the [A[]][B[]][C[]] flat. With the decline that happened last week, I am now open to three alternatives.
Black Labels [A[]][B[]][C[]]. Wave [C[]] is an expanding diagonal with wave b already completed. Expanding diagonal case looks stretched to my eye.
Colour labels - base case. We have just completed wave (2) of the contracting diagonal. It looks a bit too deep, though. Wave [C[]] dwarfs wave [A[]]. Not good.
The orange case is expanding diagonal and is in its final stage. Again wave [C[]] looks disproportionally big to wave [A[]].
shouldn't price before this from 2060 till 1892 is motive wave? so that the yellow line would be minor zigzag 5-3-5 towards prev targeting 2020 that u plot before this is more reasonable, indicates that 1987-1925 could turn to be double three?