This graphic is showcasing amazing Price Action, with Fibonacci extensions reaching its target almost perfectly; possible trendline that, if respected, would lead to a 61.8% correction from the third Elliott wave movement; and much more. I will probably update the rest of the info after I get some sleep.
Macroeconomics tells me it will go down, but who am I? :D I guess price will tell us tomorrow.
Sorry, but your Elliott Wave Analysis is wrong. Because wave 3 couldn't be the smallest one.
Have a nice weekend!
icczy
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@allanrcferreira, according to the rules of the Elliott Waves the third wave CANNOT be the smallest, however the fifth wave can be larger than the third one. It's common to think that the third wave absolutely has to be the largest but many experts say that's wrong.
allanrcferreira
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@icczy, But wave 3 can't be smaller than 1. Your have 3 is the smallest....
Have a nice weekend!