Looking dubious for the diamond formation??

14 янв. 2021 г.

Despite the premature drawing of the diamond pattern without the "right shoulder" formation, an advance beyond 42K could be an expanding/rolling flat, with corresponding C waves down. We have an 3,3,3 A wave, and as yet a 3,3,3 B wave. The ADX, suggests we are still consolidating as does a declining ATR. As before, perhaps the wave 4 correction of Wave 3 (big picture) has played out, and we're heading for subwave 5 of 3.

14 янв. 2021 г.

Заметка

HK Candles illustrate subwave structure better