BCC Descending Triangle + Double ZigZag = $600 Short

Description

⋅ Aug 20, 2017 10:11 PM

Here are my continued thoughts on BCC.

We're currently in a descending triangle and probably going to enter into a double ZigZag Elliott correction wave. Who really knows for sure, but the pattern seems tone setting up. My target is still ~$600 for now.

Check out this resource and let me know if I've missed anything: elliottwave.net/educational/basictenets/basics3.htm

Comment

⋅ Aug 21, 2017 3:51 PM

Comments

Ayran_x

⋅ Aug 21, 2017 3:04 PM

Hi, so I think now we are in X, and on the way to Y. Any other thoughts about this?

removed

⋅ Aug 21, 2017 3:50 PM

@Ayran_x, Yes, I updated the idea - please check the related ideas section