Elliot Waves & Wickoff, a great combination
Updated
Combining these two tactical tools, we might have a broad perspective of what is more likely to happen.
In this analysis, Elliot wave indicates that the correction is over while Wyckoff tells us the present pattern might be an accumulation phase in progress.
This idea is not financial advice.
Comments and feedback are welcome ;)!
In this analysis, Elliot wave indicates that the correction is over while Wyckoff tells us the present pattern might be an accumulation phase in progress.
This idea is not financial advice.
Comments and feedback are welcome ;)!
Trade active
A retest from phase C is in progress range 3 to 2.80 is possible. If there are still sellers on 2.80, professionals might try to go deeper to range 2.50 to 2.28. The last scenario is less probable but always needs to be consideredTrade active
The spring milestone just happened today , we are now in phase C and Trasitioning to phase D
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