ZEC:USD has in my opinion done a 5 wave Elliot pattern.
I was able to count all three impulse waves, breaking each down into another five impulses
An ABC flat-ish has completed and I am seeing an impulse failure at X. Or one could call an A and B completion.
Bitcoin looks like it's ready to make another move down, but that's another story.
I was able to count all three impulse waves, breaking each down into another five impulses
An ABC flat-ish has completed and I am seeing an impulse failure at X. Or one could call an A and B completion.
Bitcoin looks like it's ready to make another move down, but that's another story.
Comment:
The price is going to bounce inside the channel a bit. Maybe one or two more touches of the resistance, first bouncing off a .236 fib level, and then down towards T1
Comment:
target 1 reached
Comment:
T2 area reached
Comment:
T3 reached
Trade closed: target reached:
Patience is key, all targets reached, took 8 days. Analysis accuracy 100%. Entry was stopped out, called the X too early. But the stop just touched so reentering the position would have been wise, as one can now see.
Closing position.
Closing position.
forgot to mention that