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To: Mongo2116 who wrote (6755)5/18/2023 4:54:51 PM
From: #Breeze4 Recommendations

Recommended By
Mongo2116
Newly
nicewatch
rdkflorida2

  Read Replies (3) | Respond to of 7553
 
Mongo, today's high invalidated PS aka Yosemite Sam's WXY Wave Count. Watch him come up with a bizarro alternate bearish wave count. He needs to enroll in a formal EW course. Breeze

tradingview.com



I posted this on 5/6/23:

"Mongo, time to give PS aka Yosemite Sam an EW lesson. He's unable to demonstrate his EW skills else he would have posted a detailed labeling of his WXY wave count. So I had to do it for him as an alternate wave count posted below.

Lesson no 1. That Wave B of Y was an ABC Flat pattern.

Lesson no 2. Wave 1 of C of Y unfolded in a five wave pattern. And started at 4195.44.

Lesson no 3. Wave 2 can not rise above the start of Wave 1(an EW rule). So a print above 4195.44 invalidates this bearish wave count.

So what will PS do to try and wiggle out this predicament. He'll say that Wave B did not end at 4195.44 and that his wave count will only get invalidated if prices rise above 4325.28"



To: Mongo2116 who wrote (6755)5/19/2023 12:34:10 AM
From: #Breeze3 Recommendations

Recommended By
DayTraderKidd
Mongo2116
rdkflorida2

  Read Replies (1) | Respond to of 7553
 
Mongo, my last post triggered him. Notice he has yet to post a detail wave count for his WXY. His last post referenced a countertrend wave 2. Well that wave 2 was invalidated. No more EW lessons for him. I don't have time to correct his wave counts.

Message 34227199