I noticed you're still long. Do you think it's going to make a new ATH after we visit 220s?
user100000
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yes. that will be the end of wave 4
5 will take us to ATH+++
MoonTrader
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Cool! Great charts btw. They're not always spot on, but the seem to tell the story. I've never learned EWs myself.
user100000
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thanks. no method is perfect, but i really found it very useful to see the big picture. it is very straightforward with few rules so easy to pick up
UnknownUnicorn34873
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ive been experimenting with ew myself .. it's indeed giving much more insight in the bigger picture.. although it's not perfect.. i'm doing much better since i'm using it
user100000
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excellent. i've noticed you've been using ewp on your latest ideas. keep up the good work
khoilevt
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So , what idea go up 8000 . is this still true now ?
user100000
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yes. it is based on cycle degree wave I and II which already happened. if you look at a semilog chart measure wave I (2.22-260) and copy/paste this vertical line at wave II (45) you will get 5K+. according to ew rules wave III should not be shortest so it should atleast equal wave I. at a minimum, it should reach 5K+ for wave III
khoilevt
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I like this ... :)
khoilevt
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i think , it will go up to 340 , before go down about 260 ...