$SHIB $SHIBAINU - Probably not done yet.
$SHIB $SHIBAINU - Probably not done yet. Not ruling out a bounce from the double bottom, but I'd be more comfortable with a good ol' 90% retrace. There is confluence to the left of the chart before the start of the impulse at around 0.012878 (1000SHIB).
Nice impulse for macro 1 with an extended 5th followed by what looks like a 5-wave A structure. I highlighted where the divergences are for wave 5 vs wave 3, in case you are new to Elliott Wave Theory.
Safe trading.
Nice impulse for macro 1 with an extended 5th followed by what looks like a 5-wave A structure. I highlighted where the divergences are for wave 5 vs wave 3, in case you are new to Elliott Wave Theory.
Safe trading.
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