Steffro

Half away to the 4. wave

Long
Steffro Updated   
BITSTAMP:ETHUSD   Ethereum
After some sideways moves it looks like the 4. wave have been moved to the crossing point between the 0,618 level, Gann fan and the inner arc. If so the 4.wave will happen 24/4. As we see the local fibonacci gives us som testing along this path, where the global levels 0,382 and 0,5 are confirming this quite good.

An alternative 4. wave is the next arc in the reversed Gann square and the global 0,382 level. If so I think this will happen 11/5. But according to Elliot Wave I think we are in a quick ABC path and that the first alternative path is more likely.
Trade active:
2 days left and it seems like we are still going the path straight to crossing point between 0.618 level and the inner arc.

I've been taking a closer look and drawed a trend channel including a Fib channel. Is this where it will turn arround?

Good luck guys!

Trade active:
It broke out of the trend channel obviously:P

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