Nope, this is crypto (ETH -ethereum) and not a forex. Why are these charts seem way too complicated? The idea here is that if the first part is labeled INCORRECTLY then wave C must necessary have 5 waves and what is going on right now in this instrument could be an opportunity for ultimate short. I’m currently looking at the profit target below the end of wave C.
Ok, so the first part which is wave A in a flat, could be a 5-leg combo, and B & C waves could be a 3-3-3 zig-zag? Also, does this mean that the first part is labeled just fine?