Komodo

I use time frames in order to have certainty whether a trend section must have ended already.
The blue forward pointing arrows span over 13 weeks. Wherever the price made the peak alongside an arrow, that was the end of a trend section.

The peak for the last arrow brings up questions though. As waves 3 are usually accompanied by outstanding spikes in trading volume, where is wave 4 and 5 ? The peak is wave 3 as it is drawn here.

There are waves 5 that fall short, ending below wave 3.
But not so extraordinary low. Wave 3 looks like a pump and dump to me. If wave 3 was only a bit above the blue trend line, that would have been normal.

Wave 5 being there where it is in my opinion introduces a new question. Why does the last blue trend section end below the peak of the 2nd arrow ?

Black wave 1 and 2 are completed already. To be coherent i marked them at the beginning of the chart and not where the big spiking blue wave 3 is.

I subdivide black trend sections as primary waves and blue trend sections as intermediate waves.