[traderxman]

Here is one that does not work out.

See the read of the flow you have with this to get out. You expect it to C wave, it does not.

TL5 Chart:
The up cyan arrow as we enter the weekly envelope bottom refresh.

TL6 Chart:
1st 2 cyan up arrows, looking to buy 13,033, you bot and you cud not get a close above the red envelope top. No C wave. Exit, the higher time period cyan pldot refresh area is pooshing down.

TL6 Chart further on:
Next 3 cyan up arrows is where we enter again, notice that the closes start going above the envelope top. THat is a C wave. About 5 bars after the last up cyan arrow, we exhaust(blue) back down into higher time period envelope bottom for an add-on, or to get long if you missed the action. We exhaust into the blue on top and chop for a while b4 going higher.