A corresponding analysis to my 2-h- Chart a few minutes ago.
This looks ok with 4-month MA, fib relations, RSI, trendchannel and so on except there remains one problem: time frame for the abc flat correction would be very short.
But that might be the case in strong uptrends.
Note that a strong wave 3 could be expected to unfold now, if this count is right.
This looks ok with 4-month MA, fib relations, RSI, trendchannel and so on except there remains one problem: time frame for the abc flat correction would be very short.
But that might be the case in strong uptrends.
Note that a strong wave 3 could be expected to unfold now, if this count is right.