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Tama iowa | Hey jc. I've noticed you continue to draw these forks that continue to fail. Have you looked at why? Have you gleaned any info from your results? Many times after a move like this we consolidate and in my limited experience what price did in the past tells where we go next. Since price has been weak I would expect consolidate and continue down. Your drawn fork is giving you the possibility of a wedge forming. I usually use 40% of the move left to go. Go back and look at any swing up or down. You will see the same pattern excpecialy in a 3rd wave. Consolidate around 50% and continues on its path before a correction. I'm not really good enough to give advice but we have seen this before and know what to expect. We have so many tools to use. Charts give me my risk tolerance. If x happens what do I need to do or be prepared for.
Edited by allis7040 1/18/2026 08:42
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A chart
