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Kjavi-Chong
Sep 3, 2018 5:38 PM

MONERO XMRUSD, expect great correction !!!! Short

Monero / DollarBitfinex

Description

The wave (v) inside the wave (3) is an extended wave which tells us that it will have an acute correction and will be able to reach these levels, take your precautions.

Trade active

Please fasten your seatbelts and enjoy the ride down !!!!

Trade closed: target reached

It arrived barely at the area, but the target was reached, now to analyze to where the fifth wave will arrive, congratulations who followed this trade and ONLY AS A COUNCIL followed it

Leave your comments, thanks!!!
Comments
whiskey4
4 wave cannot overlap prior 1 wave.
whiskey4
@whiskey4, or it would invalidate the impulse count
Kjavi-Chong
@whiskey4, If it invades the first wave could happen something like what happened in this bitcoin case that we were all waiting for it to stop and broke the limit of the first wave
Kjavi-Chong
@whiskey4, I agree with you that is in the sense that it is a perfect wave, but in one of the exceptions of elliot if the wave 5 is an extended wave it can do so and maybe if it gets to overlap with the wave 1 go further down forming a movement of only 3 waves
whiskey4
@Kjavi-Chong, i believe it was for ending correction patterns it can do that. not sure about the extended 5th
Kjavi-Chong
@whiskey4,And if I get to 97.00 USD, we will see how he behaves and if he manages to do the last wave 5
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