SamSuka
The Long Investor
The Long Investor

patreon


$ISRG - RC -

Very strong aggressive moves higher since the start of the year, so I have added in the WXY in red count, in case this entire structure is a corrective wave, a rejection at the blue line could confirm this....for now however, both counts appears to be following each other until the blue line.

$ISRG - RC -

Comments

Ah ok, so it depends on whether the last corrective wave is moving up or down then? The next wave we can expect to be opposite of that?

Jesse Gaffey

Good question, likely another corrective wave, normally 5 waves down is next when a corrective wave ends high.

Gareth Neary

I'm just finished the book, what I'm not sure is, if we assume this is in a WYX correction, what generally happens when this completes? Is this the beginning of a new impulsive wave or can we go into another correction?

Jesse Gaffey


More Creators