Rules:
-If price breaks Point 2, 4, or 6 cancel the setup
-Price needs to break Point 1, 3, and 5 to confirm the setup
When price reaches the 100FE it normally does a pullback or reversal
The market can Truncate
-If price breaks Point 2, 4, or 6 cancel the setup
-Price needs to break Point 1, 3, and 5 to confirm the setup
When price reaches the 100FE it normally does a pullback or reversal
The market can Truncate