As I believe we are just beginning a larger bull run, I will not be opening any short positions. Instead, I will be laddering in buys when this drops - and I believe it would because the Elliot Wave count is saying we are about to finish the bull count of Wave 4.
As you can see, the previous sub-waves met 1.272 and 1.414 Fibonacci targets previously.
The current sub-wave has an ending with 1.618 golden ratio and 0.65 golden pocket congruence range. I believe this is a high probability trade.
As you can see, the previous sub-waves met 1.272 and 1.414 Fibonacci targets previously.
The current sub-wave has an ending with 1.618 golden ratio and 0.65 golden pocket congruence range. I believe this is a high probability trade.