@Foxace36, already starting new ~60 day cycle few days ago (cycle low on 17th). elliott waves analysis + cycles is good combination to confirm each other and stay out of trouble. we had bullish candle on 17th, macd histogram divergence, price action touching lower channel, etc
hourly market is now overlapping which signal extension (1-2-1-2 situation) there will be strong advance . please be cautious.
aahh.. ok... I didn't see the whole perspective.. I see your calculation... you believe there's a higher cycle in which you put this graph at the end of wave 4 ? so... you believe this correction is not a big one?