Get started
seanmcm

Time For an ABC Correction?

FIRST TRUST GLOBAL FUNDS PLC NYSE ARCA BIOTECHNOLOGY IDX UT ETF A USD (LSE:FBT)  
seanmcm  
LSE:FBT   FIRST TRUST GLOBAL FUNDS PLC NYSE ARCA BIOTECHNOLOGY IDX UT ETF A USD
Chart Patterns
2
0
chartpattern
Elliot Wave Rules:

Rule 1: Wave 2 cannot retrace more than 100% of Wave 1.

Rule 2: Wave 3 can never be the shortest of the three impulse waves.

Rule 3: Wave 4 can never overlap Wave 1.

Postulate

Is it time for an ABC correction? Fibonacci seems to align quite well....
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.