I like your analysis. At what point would this chart be invalidated? Would it only be when your major wave lines are convincingly broken? I ask because I do not know the ins and outs of this type of analysis. I am a beginner and see that some of the interior lines within wave B have been violated, but I expect those are approximations? Overall though, I do agree with the possibility that this could be a bear market rally.
CryptoHao
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I agree with your point of view.
Bangsoul
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I love the idea tho. Very creative. Note aside, AFAIK the indicator PP's... repaints. Not 100% sure tho I haven't confirmed.
Rachel_T
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@julsss, I m a strong believer that relying on any single indicator is a big mistake, i just use it as an extra level of confirmation, along with EW, Fibs, S&R, Chart Patterns etc