SCBTC In leg 2 of 5 in a major elliot wave?
Please do not take these charts as advice - I am just learning and using the publish feature to store my charts to see how I can improve.
We need to break out of these triangles to begin wave 1 of leg 3 for the Elliot wave theory to stay in tact
I am a beginner with these things so please don't take my advice as this will more than likely be nothing like what is going to happen :)
Good luck trading
We need to break out of these triangles to begin wave 1 of leg 3 for the Elliot wave theory to stay in tact
- Got a good elliot count
- Price last made a new higher high but RSI shows a lower low showing hidden bullish divergence
- We are at the end of wave 2 which means up from here
- Histogram upticking
- MACD crossing over
I am a beginner with these things so please don't take my advice as this will more than likely be nothing like what is going to happen :)
Good luck trading
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