Hey guys,
I still have no idea how to use Elliot wave theory. This just looks like a feasible outcome. I expect a bounce at the bottom of this channel because it's also a Fib level. I would imagine we will retrace down to the .38 area at some point. Let me know what you guys think, and as always, happy trading!
- Matt
I still have no idea how to use Elliot wave theory. This just looks like a feasible outcome. I expect a bounce at the bottom of this channel because it's also a Fib level. I would imagine we will retrace down to the .38 area at some point. Let me know what you guys think, and as always, happy trading!
- Matt