If you see here impulse structure you may take it for a 12345
riskmode
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you don't see impulse structure there???
tricky_nik
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me not...
riskmode
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why don't you see this as impulsive?
tricky_nik
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First of all, because it's my view)) secondly coz impulse move generally well-defined. this chart not "well", at least for me
tricky_nik
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perhaps you will be interested
riskmode
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I dunno man what you identified as wxyxa looks about as well defined as it gets for a 12345. W is smaller, X retraced most of W, Y is big, X didn't retrace much of Y, A looks like an ending diagonal. That would make your current Z an X.