An interesting junction approaching whereby Elliott wave versus Harmonics?
So which will win as we are in a motive phase wave (4) or a bullish leg(CD) of a possible Bearish Pattern? We have to remember according to Elliott Wave Rules if (4) exceeds (1) then this Motive Phase down is invalidated at $28,555!
Harmonic Patterns:-
davecharts.files.wordpress.com/2013/05/harmonic-patterns.jpg
Double Bottom:-
thepatternsite.com/aadb.html
Basic Motive Phase:-
thepatternsite.com/EWBasic.html
So which will win as we are in a motive phase wave (4) or a bullish leg(CD) of a possible Bearish Pattern? We have to remember according to Elliott Wave Rules if (4) exceeds (1) then this Motive Phase down is invalidated at $28,555!
Harmonic Patterns:-
davecharts.files.wordpress.com/2013/05/harmonic-patterns.jpg
Double Bottom:-
thepatternsite.com/aadb.html
Basic Motive Phase:-
thepatternsite.com/EWBasic.html
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.