MATIC has completed the 5 wave triangle correction wave. The only issue I have with this analysis is that the time frame of the 4th wave is considerably large as compared to the previous three. A way around this is to consider 1-2-3 shown in the chart as wave 1 but there is no way to fit a 5 wave pattern in it. Also, what seems to be validating the current analysis is the continuously decreasing volume since the completion of wave 3, which is a fundamental property of a triangle.
PS: I am still learning. Any constructive feedback is really appreciated.
PS: I am still learning. Any constructive feedback is really appreciated.
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