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RobinG
Apr 7, 2018 8:04 PM

Bluzelle (BLZETH) - Bullish move - Elliot Wave Analysis Long

Description

Wave 5 of Wave 1 of Wave 3 beginning soon. Expecting a final wave 5 to hit around 0.00008 before correcting back into the 0.0000745 range, before it begins wave 3 of wave 3.

Comment

Targets were hit and I made a 6% profit, however I may have miscounted, because the retracement didn't push back as far as I expected, and it started going up again. Wave 1 and 3 may both have been Wave 1 as it turns out. Time will tell.

Comment

This turned out to be more or less the case. Final peak was at 0.000082.
Miscalled the wave 4 correction and got stopped out early at 0.000078.
It seems to now be moving into its next supercycle.

Comment

Will post a revised account this afternoon. Revised account targets were hit - bounced off 0.000088 this morning and has begun retracement.
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