Often HAPEN in Elliott Wave analysis, we may lose OUR count.
If that happens, I'll focus on identifying correction patterns (abc or abcde) and start taking positions according to the trend after I believe the correction has ended.
This chart is an example of how I "guess" the potential patterns that might occur.
Here we also see how we distinguish wave B from wave 2. If wave 2 must not be longer than wave 1, wave B isn't always shorter than wave A. Look at my annotations on the chart for clarity
PLEASE DO YOUR OWN RESEARCH for this is not a suggestion to take buy or sell. use a proper lot size will make your trade more sustain.
If that happens, I'll focus on identifying correction patterns (abc or abcde) and start taking positions according to the trend after I believe the correction has ended.
This chart is an example of how I "guess" the potential patterns that might occur.
Here we also see how we distinguish wave B from wave 2. If wave 2 must not be longer than wave 1, wave B isn't always shorter than wave A. Look at my annotations on the chart for clarity
PLEASE DO YOUR OWN RESEARCH for this is not a suggestion to take buy or sell. use a proper lot size will make your trade more sustain.
Comment:
hit SL before reaching our TP, hix....
TP2 1.05750
good luck!!!