May 28 - Has ITD 11 arrived?

Hi everyone,

I still could not confirm the arrival of ITD 11 because there's still no reversal confirmation that I am looking for. I am looking for a daily candle close below the signal day. In our case, the low of signal day now is 1.592, and we still could not get a daily candle close below 1.592.

There are three possibilities at this point:

1. If 1.608 holds, then ITD 11 may have arrived on time at May 27.
2. ITD 11 could arrive late in which case we should see more high in this next couple of days before a more meaningful reversal,
3. ITD 11 has arrived on time at May 27, but then inverted at 1.585, and now going higher to ITD 1 due around June 11. You could see this illustration in my previous post titled 3 possible locations for LTD. The inversion is illustrated at the second chart.

We need several more days to determine which one is more likely.