Price action on the 30min and the 1hour charts.
EG
EG
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DislikedDon't over rely on pin bar, manytimes, they are fake! But if a pin bar which is lie outside the bollinger band, I will see what happen and see if that pin bar are match with my EW count! Then I will jump in! The Red, Blue and Black Lines are just exponential MA , there are 50, 100, 200 and 365!
Also I think the Wave 4 is finish, since I have read a book it says Wave 4 cannot be retrace over 50% of wave 3, but i am not sure if this rule correct!Ignored
Dislikedhello EG your analysis of EW is an interesting one.unfortunately for me my knowledge of this theory is a very shallow one,Is there a way you can still ?Ignored