Can you explain it please ? What do you mean by that or what do you want to tell us?
It's an ultra bullish EW count. At a bird's eye view, it puts us in Historic Wave 5, same as Masterluc's count.
At the lower degree, he shows a nested wave count, indicated by the "(1)-(2), 1-2, (i)-(ii)" progression. Not only are Wave 3s already very powerful, but this indicates an extended Wave (3) with an expectation of further sub-dividing waves. If the count is correct, then this will result in an even more powerful upside move. We're talking about another bubble.
Potential nested counts are tricky though. They are very......binary.....in their outcomes. The count will be confirmed once we see an obvious Wave 3 towards the previous ATH. If we don't see that happen
relatively soon, then the impulsive count starts to look invalid and we're probably likely looking at another pattern entirely.
