Hello traders,
In this post, I have gone through the Harmonic Elliott Wave count on ARKK. It seems it has completed wave A of Y correction and it is now in leg B of Y. We are also at the bottom of the downward channel, with an inverse head & shoulders pattern being formed. I see ARKK going higher to 92ish area (top of the downward channel) and being rejected for leg C of Y.
In this post, I have gone through the Harmonic Elliott Wave count on ARKK. It seems it has completed wave A of Y correction and it is now in leg B of Y. We are also at the bottom of the downward channel, with an inverse head & shoulders pattern being formed. I see ARKK going higher to 92ish area (top of the downward channel) and being rejected for leg C of Y.