bullish feb, bearish march

31 ม.ค. 2022

Wave 3 looking long in the tooth and will likely complete by next week. Looking for a .382 retrace wave 4 followed by 5 to complete wave C of the corrective expanded flat.

11 ก.พ. 2022

บันทึก

Feb bullishness exhausting itself faster than I'd anticipated... check out how regular these elliott waves coincide w/ the fib time zones. If this keeps up wave 5 should terminate sometime in early March.

Interesting thing here is by my wave count wave 1 is longer than wave 3... which means wave 5 has to be shorter than wave 3. I've overlaid wave 3 there to give a projection for wave 5... looking like a double bottom around that long green trendline