We successfully predicted the growth of the fifth wave after the triangle ((iv)) and the subsequent decline within the wave 4, which, based on the norm of alternation, is still expected in the form of a triangle.
This count has a number of disadvantages. They are: two sideways corrections in waves ii-iv, and a truncation within the assumed diagonal v. In connection with the above, I recommend any speculation in the short only after the breakout of the top iv, the level marked as ยซconfirm.lvlยป.
Along the way, I am considering a variant count with a triangle in (b) of ((b)), which suggests continued growth within wave (c). Waiting for the implementation of my count for continued growth, I hold the buy position.
โโ Alternative scenario ๐ 1W LKOH ยซPic.8ยป
As for the alternative count shown in "Pic. 8", taking into account the probability of its implementation, I do not increase the volume of a long-term long position until we form a triangle as it is schematically depicted in "Pic. 1".
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.