*** It could be simply IV but it mini-minimally overlaps with end of I (which is against the rules)
and it also means that price can't go any higher than it was, otherwise wave III will be the smallest of all (which is against the rules).
So yeah - extremly bulish or extremly bearish :)
and it also means that price can't go any higher than it was, otherwise wave III will be the smallest of all (which is against the rules).
So yeah - extremly bulish or extremly bearish :)