Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
The bottom is pretty much in. We have the first wave (1) completed and wave (2) is just about done. We should be working on wave (3). If you compare this chart to the previous, the price targets are relatively the same. I've added a new wave (5) target to make this chart more accurate.
Wave (1) - 2.5: done
Wave (2) - 0.60 : done or one more leg down 0.25 is lowest.
Wave (3) - 6.3-6.9
We are living in crazy times at the moment. We have a lot of crazy things going on such as pandemic and war etc so anything goes really. Your best bet is to dollar cost average down and stake. This is not financial advice.
Link to previous chart:
The bottom is pretty much in. We have the first wave (1) completed and wave (2) is just about done. We should be working on wave (3). If you compare this chart to the previous, the price targets are relatively the same. I've added a new wave (5) target to make this chart more accurate.
Wave (1) - 2.5: done
Wave (2) - 0.60 : done or one more leg down 0.25 is lowest.
Wave (3) - 6.3-6.9
We are living in crazy times at the moment. We have a lot of crazy things going on such as pandemic and war etc so anything goes really. Your best bet is to dollar cost average down and stake. This is not financial advice.
Link to previous chart:
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