I hope you guys still make it...and 'alive' of course.
In just one friday, several price surges and multiple cumulus cloud brought the price up and down within minutes.
So far I am good till today, managed to catch 2 fish inside the storm...big fishy, also some bruises....but above all I am smiling able to catch those bluefin tuna.
Overall, price tendencies do keep lower as described on Part-1 of Hurricane Series.
Until now price hasn't touched the 61.8% ( 1.0805 )
Meanwhile the 1H.. ...is getting lower and nearly making another divergence and the ratio of downed price to is too big, this is the sign a Big Bulls are still pushing up.
My last wave count still showing downward movement, and this could be the last movement to complete the for making the divergence signal.
Updated chart (15min) is the Storm Navigation Map. You'll need this. Otherwise you'll get lost or drowned.
This is the most difficult part in analysis especially beginners....people do get lost when counting in corrective mode like I used to be....
I wish could publish the map in 5m...but TV has restriction. (should have complaint about this)
Have A Goood Week End.
For Short...Eject at lower altitude.
Hope you guys notice it.
This surge should be making 3 waves up as ((X)) or ((B))
then we can make conclusion on the big correction as a Flat 3 - 3 - 5 or Combination W - X - Y
After last surge, 3 wave is quite visible, it is more like an X wave for the steep rise. And seems there are 2 road map, for the next movement.
Tendency look like going lower to 50% level. We will see how it move....
Will keep upwards in small 3 - 3 - 3 waves, untill Wave (Y) of B complete.
Never guess where will end. We'll just have to surf & follow the wave until its out of steam.
Possible to back 1.0987 level, or less, or even higher.
This is where the fun part on Corrective Waves. Fast money, and more2 money in your pocket if you do have mastered it.
Have Fun Guys...
Bulls has run out of steam with distinctive "Expanding Diagonal" formation.
So...who wants the First Ticket on AMTRAK down to South...destination (C) town.. ??
If you want it......grab it !
The Final number finally revealed for this surge. 1.1042, this is the end of Eurostar.
I have my order at 1.1035...(Sell Limit)
Hope you guys did get the 1st Ticket - 1st Row Seat on AMTRAK Road to South.
*This is where we learn in Elliott Wave analysis a pattern called "Expanding Diagonal" as a sign of an ending trend. This is why I did not try for Bull market entry during the last segment since the peak of 1.0990's. Although the occurance of ending pattern do surging in 40-60 pips from beginning, better to wait the long down road which will be hundreds of pips in convident and precision entry trading.
*From current peak, riding AMTRAK (US-Greenback).....Rail Road head to South....
hmmmm...let me check where we going to .....Antarctica???
Have A Gooood Trading, Guys. Cheers!
(End of this part 2)