This will be the final update for a while. I will be having my wedding, graduation and travelling for half a year+. I will be too busy to trade.
For people who do not really understand what's going on, this is the short version :
Correction at (X), downtrend resumes (A), trap (B), real move to .01
(There's a limit to my description? See comment for the longer...
I actually enjoy questions and comments (both positive and negative), so please leave them.
My thoughts:
1. Note that wave 2 is a triangle that is essentially sideways. Wave 4 typically alternates, in this case a sharp bounce.
2. The ultimate target of .01 makes the most sense as most zigzags finish at the 161.8% fib of wave ((A)). There's little reason to...