Price seems to be going down now, but then we'll see if it displays an ABC pattern for then resume the rally till a new all time high, or if it displays an impulse, in which case a different corrective pattern for Minor 4 will take place.
I still consider the expanded flat pattern to be my favorite because:
- I can count Minuette wave (b) only as a Flat+Flat combination (but maybe it's due to my limitations...);
- It's the pattern that appears to me as having the higher probability of being able to take price into the base of the blue channel.
I still consider the expanded flat pattern to be my favorite because:
- I can count Minuette wave (b) only as a Flat+Flat combination (but maybe it's due to my limitations...);
- It's the pattern that appears to me as having the higher probability of being able to take price into the base of the blue channel.
