"Remember, people will judge you by your actions, not your intentions. You may have a heart of gold, but so does a hard-boiled egg."
BITCOIN CASH BCH ELLIOTT WAVE ANALYSIS WEEKLY based on E.W.P. (Elliott Wave Principle) and algorithmic Fibonacci ratios
A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
US CORE CPI consumer price index ::: Consumer price indices measure the average price change of all goods and services that are bought by households for consumption purposes. The Harmonised Indices of Consumer Prices are calculated monthly.
Double Flat / Double Wolfe Wave combo
I was looking at the G/S ratio in order to determine whether we're facing a breakout or further correction to the downside ... that's why I thought it would come in handy to consider the ratio as a pathfinder. Hope this helps.
Looking for a LONG once the correction has reached its potential target zone Green dotted line = healthy growth trend line Blue dashed line = overbought expansion trend line
Gold - ABC Irregular Expanded Flat to the 50% Level Of Correction ... looking for more downside thereafter.
this is the trend channel of just the handle to confirm potential short term target of 1683
GOLD - long term trend cup and handle retracement to 1683