I know you are looking to mark a P2 when this ABC up finishes. I however insist that you do not discount the possibility of an ABC-X-ABC for a P2. That is a double zigzag combination correction for P2. The next leg down could be just a quick sharp wave X correction, followed by another zigzag ABC Up.
You have seen recently how this can happen in Minute 2.
The sharpness of X can easily be mistaken for the start of P3. The "official" and "popular" counter's will count it as 1,2,{i,ii,...} of P3 down, but I will stay vigilant to the possibility that it could just be an abc X wave down.
thanks for the tip! I will certainly stay flexible... I trade short-term. so no matter the 5-wave (it's ultimate labeling) I will go short when 5 waves complete of all degrees. It's the only way to go...you can only trade the (immediate "squiggles" -- anything else is more investing or swing trading. Just trade the waves...worry about the ultimate labeling later!
Vega - Looks perfectly counted to me (knock on wood).
ReplyDeleteJeffrey,
ReplyDeleteJust trying my best to provide a neutral and unbiased count :)
...and make some money for yourself too i hope. We just got our subwave 3 acceleration higher right on schedule Woof! Woof!
ReplyDeleteYep! thatz the idea.
ReplyDeleteI know you are looking to mark a P2 when this ABC up finishes. I however insist that you do not discount the possibility of an ABC-X-ABC for a P2.
That is a double zigzag combination correction for P2.
The next leg down could be just a quick sharp wave X correction, followed by another zigzag ABC Up.
You have seen recently how this can happen in Minute 2.
The sharpness of X can easily be mistaken for the start of P3. The "official" and "popular" counter's will count it as 1,2,{i,ii,...} of P3 down, but I will stay vigilant to the possibility that it could just be an abc X wave down.
Woof! Woof!
thanks for the tip! I will certainly stay flexible... I trade short-term. so no matter the 5-wave (it's ultimate labeling) I will go short when 5 waves complete of all degrees. It's the only way to go...you can only trade the (immediate "squiggles" -- anything else is more investing or swing trading. Just trade the waves...worry about the ultimate labeling later!
ReplyDelete