WXYXZ Correction, Elliot Triple Combo Wave
Updated
Hi all,
So, I now see us in the Z leg of an WXYXZ correction, and it is uncanny how much action each fib levels have significant price action. If this fits into a triple wave combo i now expect to see a triangle form; ABCDE. If we get to $7000 regions i will be looking to short.
https://ewmizone-kivv0apgntrwrwvhv.netdna-ssl.com/wp-content/uploads/2015/01/double-three-example.png
As shown in the example above.
So, I now see us in the Z leg of an WXYXZ correction, and it is uncanny how much action each fib levels have significant price action. If this fits into a triple wave combo i now expect to see a triangle form; ABCDE. If we get to $7000 regions i will be looking to short.
https://ewmizone-kivv0apgntrwrwvhv.netdna-ssl.com/wp-content/uploads/2015/01/double-three-example.png
As shown in the example above.
Trade closed manually
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