Primary - 1st Alternate - or 2nd Alternate Count To Go Long ???
A few traders have suggested a similar EW labeling
for this impulsive move and the only difference is the 4th
wave labeling as a 3-3-5 expanded flat and the possibility
of an extended 5 of 5. So, with an expanded flat ----
IF wave 5 = wave 1 then the first chance to go
long will be about .8325. Should it continue down then
extensions galore may be in play.
I'm going with the Primary count and hope
the candlesticks fine tune the long entry for
a projected 2nd major wave to the upside.
for this impulsive move and the only difference is the 4th
wave labeling as a 3-3-5 expanded flat and the possibility
of an extended 5 of 5. So, with an expanded flat ----
IF wave 5 = wave 1 then the first chance to go
long will be about .8325. Should it continue down then
extensions galore may be in play.
I'm going with the Primary count and hope
the candlesticks fine tune the long entry for
a projected 2nd major wave to the upside.