RTS Update

2022年10月15日

I am getting increasingly worried about RTS. The only way to label the wave down is expanding diagonal which is not always good to base your count on as it is statistically rare. On a higher level there is another expanding diagonal. On another hand may be these are fractals - the sign that the count is correct.

An alternative is in red and I do not like it. One reason is that the breakout from the previous triangle b was shallow. The other reason is what I see on the minute time frames (to be posted next). Here I must be cautious as low level timeframes are often illusive.