DislikedMy problem is that lower TF count does not support the view of recent complec correction becig wave 2.
For me is wave 4 and noe we are in simple impulse wave 5 down and then we may say that big wave 1 is done and we await for bigger wave 3 correction to unfold. And this is why my chart is ok so far.
However, if this wave will continue to move down in expanded flat manner we might be almost sure this is big wave 3 unfolding and things will get nasty. Fundamental Analysis favours this scenario ( Italy bye bye, Greece Bye Bye, France Downgraded,...Ignored
That is what I said:
we had very good reasons to count is a a subwave 4 of the major wave 1 down.
To come with this count through, on daily we need to count more or less the same (waves are fractal). So on daily we might count 1-2-3-4-(1-2-now in 3- with 4 and 5 to come).
Set TF to 2h and watch Awesome oscillator of the whole move since 424x
Supports the "wave 4" count we had all the days.
