Well there's definately a beautiful TDI pattern there that isn't reflected much in price action considering I've always been looking for those channel and flag and pennant patterns in price action. I thought though that the lowest TDI wave preceeding your 1 wave would be labled 1 where your 1 would be labeled 2, your 2 a 3, etc, etc.
I can see why you'd think there might be another price action high though. Thanks for throwing the chart up!
And you see hourly TDI patterns like this almost every day? It's not actually a perfect 1,2,3,4,5 wave pattern since your wave 2 and 4 don't align with your lowest starting wave, but what's interesting is how the price did turn away bearishly once your wave 5 hit the TDI line of resistance. It's not that many pips and I'm curious how it will play out from here, but there was good opportunity for profit there.
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