Price action has spoken loud and clear and I am listening.
The move down since the highs according to this count was a fairly complex Wave B.
I have updated the labelling after spending some time going through each individual wave.
It appears as though we are not done yet with this correction however my overall view hasn't changed.
There is some opportunity for booking some profits before the trend lower continues.
Absolute critical support is right at the lows .082397.
If you want to go long closer to the highs you can watch the video however, I will post a chart shortly.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
The move down since the highs according to this count was a fairly complex Wave B.
I have updated the labelling after spending some time going through each individual wave.
It appears as though we are not done yet with this correction however my overall view hasn't changed.
There is some opportunity for booking some profits before the trend lower continues.
Absolute critical support is right at the lows .082397.
If you want to go long closer to the highs you can watch the video however, I will post a chart shortly.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
