Quick writeup
We can clearly see how THETA respects channels it's in. Last 5th wave still awaits. Is this the start? Unclear. If you want confirmation, wait for the price to break the upper border of the channel.
EW basics on chart:
- 5 waves
- alternation law: one correction is flat, the other is zigzag
- zigzag is a deeper one
We can clearly see how THETA respects channels it's in. Last 5th wave still awaits. Is this the start? Unclear. If you want confirmation, wait for the price to break the upper border of the channel.
EW basics on chart:
- 5 waves
- alternation law: one correction is flat, the other is zigzag
- zigzag is a deeper one