This has pretty much panned out and I think we're getting close to finishing off the Y leg.
Notes
* W or Y should be a ZZ. Since W wasn't Y should be. For Y to be a ZZ it should retrace to at least the 0.618 (not a hard rule but common occurrence. This has confluence with trendline geometry and horizontals.
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This has pretty much panned out and I think we're getting close to finishing off the Y leg.
Notes
* W or Y should be a ZZ. Since W wasn't Y should be. For Y to be a ZZ it should retrace to at least the 0.618 (not a hard rule but common occurrence. This has confluence with trendline geometry and horizontals.