havent updated my charts since whenever i last posted this, but no need for a change...
everything appears to be following the path i charted before with 1 more lower low as a high probability i see that it has made its mini pump to possibly the final position for "D" as i do not expect a higher high in this market.
Which is fine, and expected
elliot wave theory states that after 5 waves up a requisite ABC correction must follow = where the correction can morph into a multitude of acceptable possibilities, however, without exception it MUST observe a 5 wave sequence down during the final descent of the "C" leg.
i count 4, means only one thing left to do...complete 5 waves down with 1 more.
target <16cents
ladder in.
depending on what BTC does, we may see BTS as low as 12cents! which is a tremendous buying opportunity you won't want to miss.
hooray the end is nearly here and we can all look forward to a cycle up!
everything appears to be following the path i charted before with 1 more lower low as a high probability i see that it has made its mini pump to possibly the final position for "D" as i do not expect a higher high in this market.
Which is fine, and expected
elliot wave theory states that after 5 waves up a requisite ABC correction must follow = where the correction can morph into a multitude of acceptable possibilities, however, without exception it MUST observe a 5 wave sequence down during the final descent of the "C" leg.
i count 4, means only one thing left to do...complete 5 waves down with 1 more.
target <16cents
ladder in.
depending on what BTC does, we may see BTS as low as 12cents! which is a tremendous buying opportunity you won't want to miss.
hooray the end is nearly here and we can all look forward to a cycle up!
Komen:
hmmm maybe im blind to my own chart....very possible the low was already met! ladder in either way, hope for a dip but not necessary.