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Should we consider the rally up that started at 1120(B59) as the 2nd or 4th leg up.
I think I would consider it 4 legs up since each leg made a higher high, but I can see how it can be 2 legs because the middle legs almost seem more like a trading range pull back.
I see 3 legs up, then strong BO below a major HL and EMA, which resets the count. A reversal bar that starts at 11:20 for me is the new event and leg 1, which was followed by leg 2 after a PB above EMA.
In short: 3 legs up -> reset -> 2 legs up.
Looks to me like 3 legs up at the beginning, followed by a trendline break and gap bars under the 20ma, and then a retest of the high of that 3rd leg which became a higher high major trend reversal setup down from the retest. Could call it 4 legs, but I think better to just looks at it as a major trend reversal setup.
