On this monthly chart we see the 0-5 count.
In my framework, the framework of the pitchfork, a 0-5 count means, that whenever 5 is reached, there is a high potential for a turn in the opposite direction, starting a new 0-5 count.
On the monthly chart we also see that the CL was reached, and price seems to get rejected. So far a nice combination with the 0-5...
