EMC2BTC - Elliot Wave + Fib Extensions Idea
Updated
Taking a look back at previous Elliot Wave pattern of EMC2:
1. Wave 3 Extended to 2.272 Fib Extension Perfectly
2 Wave 5 Extended to 2.272 Fib Extension Perfectly
So If this latest impulse is a Wave 1 (not yet complete) it could give some excellent price targets based on historical price action.
I am very much new to this TA game so any feedback, constructive criticism is welcome!
1. Wave 3 Extended to 2.272 Fib Extension Perfectly
2 Wave 5 Extended to 2.272 Fib Extension Perfectly
So If this latest impulse is a Wave 1 (not yet complete) it could give some excellent price targets based on historical price action.
I am very much new to this TA game so any feedback, constructive criticism is welcome!
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tradingview.com/chart/ORqSNtds/
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