We're seeing the Elliot Wave Principle being obeyed here.
1. Wave 2 did not retrace 100% of wave 1
2. Wave 3 is not the shortest of wave 1,3 & 4
3. Wave 4 retrace is not in the same price range with wave 1
Better keep an eye out on this one. looking for short position.
1. Wave 2 did not retrace 100% of wave 1
2. Wave 3 is not the shortest of wave 1,3 & 4
3. Wave 4 retrace is not in the same price range with wave 1
Better keep an eye out on this one. looking for short position.