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FX_Academy
May 17, 2018 7:19 PM

Stratis finishing E wave  Short

Description

From when Stratis hit the market the price has been stuck in a triangle, correcting. I think that this was an ABCDE correction and we are seeing final stages, meaning wave E is almost completed. The price is currently in a B wave upward which is an upward channel. I am expecting the price to go further down which would be a C wave who's target is at 0.114 Fibonacci level.

If you wonder why I have lowered my B wave, it's because what happened above the triangles resistance line was a fakeout.
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