DislikedWhen did you see an 1/4 overlap on daily? If it happened, it is a leading or ending diagonal. Leading diagonals are very rare, especially on higher degree.
If it is a diagonal at all, all the moves inside are ABC's. Prechter found only 1 or 2 examples where the wave 3 was an impulse (when I remember correctly).
Prechter says betting on a leading diagonal is betting on low probability.
Hehehe, we do not need charts to understand :-)
How is your weekend going?
Have a nice time,
MarkusIgnored
Markets are not Random, they are designed!