According to Elliot wave theory, wave 5 will reach near one of the three prices shown on the chart before the 8th of april. Comment: The Most Typical Fibonacci Ratios/Multiples within Impulses: (from Chapter 4: Ratio Analysis): - If wave 1 is extended, expect the net of wave 2-5 to be .618 x wave 1 - Wave 2 = 618 or .5 x wave 1 - If wave 3 is extended, waves...
RAD has broken resistance around 13,50-14,00$ illustrated in my earlier post and engaged Elliot wave 5. According to Elliot wave theory, wave 5 will reach near one of the three prices shown on the chart before the 27th of april. Good luck to you all and happy grindin'