Before you guys run to place buy/sell orders, take time to make your own due diligence! this count does not reflect the whole story of Iota, the price does not need to follow the green path drawn by me. it is only a guide to an Idea nothing more! a smart trader would calculate risk before $$$ the chicken and exits the market before it gets ugly! Did you guys...
In the last published Idea, I oversaw the falling leg between 12 and 23 May 2021. it has been corrected, watch out that there are other Elliot wave mid-term bearish labeling possibilities, and this is not the only one nor it is craved on stone. After all, the market does what it wants and we are just trying to predict the path probabilistically. if wave (iii)...
if Eth wave 3 has ended, a wave 4 retracement will be near the terminus of wave 4 of one lower degree near the Triangle, from which Eth can head to new all times high.
Of course, the time frame for the future waves can't be set for certain. I have placed not all line perfectly so you guys can distinguish the numbering of the waves. lets see If I have understood my Elliot wave lesson of today...
on the long term, I believe Daimler will skyrocket maybe after 2023 but for the time being, there might be a correction of the recent down trade.