The updated wave count for Tron (TRXUSD) from January 21st still stands. Although the timing I proposed was a bit ambitious, the wave count is holding up beautifully. Here is what you are looking at: 1. Red vertical lines: Time cycle beginning at the low of .01216364 on December 7th, 2018 and ending on December 24th. On this 4 hour chart, that is 103 'bars'...
I'm making a slight adjustment to my Tron (TRX) EWT count. It appears TRX isn't waiting around for a slightly deeper pullback to complete (2), so it's highly probable we are now in a (3) of W3 which will give us a fantastic run-up in the next week or so. Notice the red vertical time cycle lines and the beautiful symmetry between the subwaves of W1. This...
It appears XRP/USD has completed a correction W2 (white) that ended on January 13th, completing a complex WXYXZ correction lasting since January 24th, 2018. To confirm the end of corrective W2 (white) is wave (Z) ending as a .618 proportion of wave (W). This also coincides with W2 retracing within a few points of the .786 of W1. Time cycles place the...
*NOTE* I am not an investment advisor and am not offering advice. I learned Elliott Wave Theory almost ten years ago, then traded full-time for 3 years. I began getting greedy and subsequently bombed my account after several emotional trades that deviated from my trade plans. That said, I have started brushing up on the trading methodologies that once treated me...