Brillant setup here. The three-leg correction with targets at the 38.2% retrace makes way more sense than calling a bottom too early, and I dunno if most folks notice those retrace levels line up like that. Last time I waited for a similar wave structure on tech stocks it really paid off once confirmation hit.
It's a fantastic way to approach the markets. I'm willing to call a bottom if I see five up from a low, followed by three down. Until then, it has to prove it.
Brillant setup here. The three-leg correction with targets at the 38.2% retrace makes way more sense than calling a bottom too early, and I dunno if most folks notice those retrace levels line up like that. Last time I waited for a similar wave structure on tech stocks it really paid off once confirmation hit.
It's a fantastic way to approach the markets. I'm willing to call a bottom if I see five up from a low, followed by three down. Until then, it has to prove it.