Hold tight, my friends, I have a story to tell. I might be wrong here now and then so treat it carefully.
I think the price is now ranging to form a running triangle ABCDE. If that happens I will treat it as a confirmaiton that we are in wave iii of (iii). The interesting part here is that wave [3] is only a tiny bit longer than [1] which implies that wave [5] is expected to be extended.
See my next post for a larger time frame.
I think the price is now ranging to form a running triangle ABCDE. If that happens I will treat it as a confirmaiton that we are in wave iii of (iii). The interesting part here is that wave [3] is only a tiny bit longer than [1] which implies that wave [5] is expected to be extended.
See my next post for a larger time frame.
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๐ energeiacharta.com
โฑ๏ธ Timely updates of WTI, Gasoil, NatGas charts explaining every twist
๐๏ธ Extensive analysis archives
๐ Chartopedia, with examples of applying ElliottWave to real world charts