Hey Steve, if it does end up being a zig zag higher, it could
still be considered a 4th wave correct or does the zig zag
invalidate it still being in a potential 4th wave, and lower the
probability of a move back down in a 5th wave?
Search for my comments yesterday when I posted which will
provide the answer - greater than a 50% Fib retrace (wave 2/3) and
this would also cause a shift in structure. A complete
invalidation would be above 368.81 prior low. She's all
coiled up for a move
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Hey Steve, if it does
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Posted by focus175 on 5th of Oct 2023 at 04:28 pm
Hey Steve, if it does end up being a zig zag higher, it could still be considered a 4th wave correct or does the zig zag invalidate it still being in a potential 4th wave, and lower the probability of a move back down in a 5th wave?
Search for my comments yesterday
Posted by steve on 5th of Oct 2023 at 04:35 pm
Search for my comments yesterday when I posted which will provide the answer - greater than a 50% Fib retrace (wave 2/3) and this would also cause a shift in structure. A complete invalidation would be above 368.81 prior low. She's all coiled up for a move