Elliot Wave + Head and Shoulders

6 พ.ย. 2018

We all know price has a mind of its own...But so far this looks like an Elliot Wave + Head and Shoulders in one.

Hoping that price drops to complete the right shoulder, retest, and shoot down to complete the "C" point of the A-B-C Correction.

Then I expect price to go north as there is a larger inverse Head and Shoulders on the 4H chart that was not in the picture here.

8 พ.ย. 2018

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Shorted UCHF. Price sits an extended retest up to the 55MA and looks to be stalling put. I think it's primed for a drop from here