Nope, right?... My proposed ending diagonal in subminuette degree appears to have been confirmed.
Now what? Could the decline be the 2nd wave of the ending diagonal in minor degree I've been proposing? Or will it be something else?
The answer one can give comes from the interpretation one does from the high in January. And, in my opinion, that high was followed by a contracting triangle, which was then followed by a double zig-zag rally contained in a parallel channel.
Therefore, I interpret that rally as the 1st wave of an ending diagonal, which 2nd wave could be at its final stages.
Now what? Could the decline be the 2nd wave of the ending diagonal in minor degree I've been proposing? Or will it be something else?
The answer one can give comes from the interpretation one does from the high in January. And, in my opinion, that high was followed by a contracting triangle, which was then followed by a double zig-zag rally contained in a parallel channel.
Therefore, I interpret that rally as the 1st wave of an ending diagonal, which 2nd wave could be at its final stages.
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mikeoakster
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