Here we have a wave extension - within an extension. This move might seem lethal for a short time period, but it's the correctional wave 4 - we'll see more upside after it finishes on this correction.
Hi. I'm very interested in EWT. It is evident we see patterns play out within waves. But it seems vital, in terms of projections of macro direction, to really pinpoint pivots across the various degrees in play. Do you have any advice on this? Part of me concludes it is necessary to start at the very beginning of a chart, and map literally everything. That could take weeks. I've looked into a couple of software solutions (Wavebasis, MotiveWave), but I didn't find them too helpful, or maybe I didn't fully explore or understand in the trial periods I had with these. Your thoughts on this would be much appreciated, if you have time.