DislikedHi,
do you have any ideas what this could be? Because it's not common for impulsive waves to move almost perfectly in a channel. If it's not impulsive wave then this should be corrective, but where to put it in larger scale ?Ignored
Yep, good chart and good question. I think there's a lot of different opinion to count the current E/U chart at this stage, or you can not really count the chart with e-wave.
"If the only tool you have is a hammer, you tend to treat every problem as a nail". To avoid this, we'd better use the other indicators (trend, MA etc.) to see how things doing at the moment, IMO.