Penguin Park

Alternation of the ABCs. For one just hear me out.

The two signs that won’t be ignored.

After 5 Waves up, 5 Waves down. Equilibrium.

Then…

Little Bit Of Loneliness (16)

16 Hours of Solitary Confinement. Top Bollinger Band isn’t reached in 16 Hours. Time Out Failure.

Then…

Little Bit of Disregard

Se how the RSI2 goes into overbought (87.5) oversold (12.5) and overbought (87.5) plus the C wave gets outside the 30-Sample BB on top.

Then…

Little Bit Of Loneliness (16)

Little Bit of Disregard

Whose turn was it again?

The Downtrend. The Downtrend is where the Volatility Breach Reversals (Green Boxes) get broken. The downtrend will end once a 5 wave move becomes possible: the first 6 hours of buying after a lower low would need to take price over the upper Bollinger Band.

What to expect once the high is in? 10 hours of selling below the 8 EMO, but a lower low at a very minimum.