A less demanding and yet more robust looking alternative would be to drop expectation of ABC flat and replace it with WXY double zigzag.
This scenario popped up just now when I erased some of the previous drawings, zoomed out and tried thinking bigger and less anchored by the previous ideas.
This scenario popped up just now when I erased some of the previous drawings, zoomed out and tried thinking bigger and less anchored by the previous ideas.
Order cancelled
I overlooked the fact that X dipped below W's origin which should not be the case in double zigzag
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.