The Guard Rails are just a product of my imahinacion.

4 stripes & you are sustainable (strong). 5 or more hours would be excessive.

One conclusion of this week that there is a 3rd possible channeling correction, which is not an ABC, but a 5-wave structure that ends before the E-9 (around the Guard Rail). In fact, this is the best kind of correction due to its length.

Now the Green River has taken a hit. A trend correction can end at the opposite Guard Rail, 60 or so pips beyond (Deep) or 100+ pips below (Extra Deep).

There are multiple LEMAs here as well as the weekly pivot at 1.0851, I think this could bounce back (Wave 4) to the Upper Guard Rail, but at least beyond the Green River for a KGB.

…

like I said, 5 would be excessive – but it would also mean that a beat / lower low is still coming