This is a chart I have worked on since 2015 or earlier.
2015 was a wave 4, complex and corrective. My "possible wave 5" came to fruition.
WE have down a wave 1, complex and corrective (to the bullish trend) down. Since the recent top,
we have done a wave 1 down with sell volume of a massive scale, and an ABC (simple and corrective)
I think we could e coming up on a 3rd wave down. We should start wave 3 by 2724.
The buy volume at the top of wave 5 is giant, volume at the top, typical just before a move down.
Just like at bottoms when the unwashed masses sell, because they can't take anymore, when they should be buying.
WE have down a wave 1, complex and corrective (to the bullish trend) down. Since the recent top,
we have done a wave 1 down with sell volume of a massive scale, and an ABC (simple and corrective)
I think we could e coming up on a 3rd wave down. We should start wave 3 by 2724.
The buy volume at the top of wave 5 is giant, volume at the top, typical just before a move down.
Just like at bottoms when the unwashed masses sell, because they can't take anymore, when they should be buying.
Please check out Kauai Dave Pivot Traders on youtube. www.youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ