GoPro - Short Idea

Hello traders, we have here a potential short for GoPro .

Using our Elliot Wave tool we can determine we are at the start of our Wave C.

An expected target of $5.00 is possible.

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Trade closed: stop reached
Please show your subdivisions as it not entirely clear that your wave 3 subdivides appropriately
cryptodungeon TradeCalmly
@TradeCalmly, Hello farhankam this our Wave 3 Sub Wave count

TradeCalmly cryptodungeon
@cryptodungeon, Your wave 4 over laps wave 1 within a wave 3. I thought that was a big no-no, since you cant have a diagonal in the 3rd
cryptodungeon TradeCalmly
@TradeCalmly, Yes that is 100% correct. Although in this case our candle closes above Wave 1s peak. The wick could be caused be several factors.
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