2 More Things

Not a large sample size, but two things I’ve noticed.

Regardless of the direction of the wave structure, within the correction, there is a fast direction and a slow one.

I highlighted the B leg for taking less time to cover the same distance in pink since it is in the direction of the 5-wave structure.

I highlighted the A and the C legs for being the rapid legs against the overall move in light blue.

The first conclusion is that regardless of the shape being expansionary or contractionary (due to the direction of the quick legs) the C had a shortfall of the A by about 200 pips. Interesting coincidence.

Guess where a 200-pip shortfall would put the C terminal at.