Interesting, I like your perspectives.

I'm really just learning and getting a feel for this stuff but a couple of things don't quite sit right for me at this moment.

The 150 EMA really was just wicked leaving the candle body ( at present) a good margin away from the EMA line @ 9700

We are really close to a long term trend support @8k under today's candle - possible wave 5 target is on that line in my mind.

That bounce from 9260 had me thinking IMPULSIVE MOVE AFTER EMA HIT while all the time pondering the notion that If wave one was long, wave 5 is going to be short and the 3-4 correction still needed to be significant to make some space and time for that to look right on a chart.

Anyway just some thoughts from an amateur enjoying watching it all play out.

Thanks for your posts