This part is the main difference to any other analysis i have seen:
Most of them count it as an impulsive movement, which i have done, too. When i was counting in 2019, there was this huge formation, which i couldnt really integrate into my count.
But back then, everybody (including me) was so damn bullish, that it simply HAD to be impulsive. Moon incoming! Discussion over!
As i went through it again, i recognized that this formation could be a running flat, which would mean the following possibility:
It is not impulsive, it is corrective. Lets look at the chart: a 3-wave structure fits much better with this one big formation in the middle.
The wavecount underlines it: its another zigzag
Most of them count it as an impulsive movement, which i have done, too. When i was counting in 2019, there was this huge formation, which i couldnt really integrate into my count.
But back then, everybody (including me) was so damn bullish, that it simply HAD to be impulsive. Moon incoming! Discussion over!
As i went through it again, i recognized that this formation could be a running flat, which would mean the following possibility:
It is not impulsive, it is corrective. Lets look at the chart: a 3-wave structure fits much better with this one big formation in the middle.
The wavecount underlines it: its another zigzag
