Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Risk Reward: 45.14 Potential upside: 1906% Potential downside: -42.24% The bottom looks like it's in or really close. We haven't touched wave 1 top yet so technically we still have a -42% downside before we enter wave 1 territory. Gala has been going up since...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. The bottom looks like it's in, we recently bounced off the support line and we have a major resistance line. If we can get over it then we might see the 3rd impulse wave of this count.
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Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Link to previous chart: The previous chart count is incorrect. I have more data with this current chart and with that I know where wave (0) begins. We are still working on impulse wave (3) and price target remains the same @$40. If this count is correct then we...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Chart update from the 4h to daily. I've adjusted the wave counts. Wave 5 was not where I predicted and we went higher. We've been accumulating since Nov and touched the zone back in July. The cup and handle I thought we were going to have didn't come into play. If...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Link to previous chart: If you press play on the previous chart, you'll see that I missed the top. The retracement also went a bit further down than my prediction. We should be going up soon if this new chart is correct. On this new chart you can see that the...