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waveslover
Sep 14, 2021 1:41 AM

3333 JUST HIT 3.33. ARE WE AT THE BOTTOM? Long

CHINA EVERGRANDE GROUPHKEX

Description

✅PREVIOUSLY ON EVERGRANDE
There's 5 waves from 0 to 32.5.
After 32.5, A is 18.18, B is 30.15, and we've been on bearish 5 waves since B(30.15) to make C.

✅ WHERE WE ARE
Drawing the TL from 32.5(5) to 30.15(B), and put Fib channel(2.0), we can see that the price is trying to bounce off.
If so, we'd have the bullish impulse.


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Comments
pwislowski
The count violates the EW rules; learn from a book called Market Movements: The principles of Elliot Waves.
waveslover
@pwislowski, ok ^^;
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