In this video I comb through each individual wave and provide some perspective as to where we are in the pattern.
Towards the end I also introduce another scenario which may be unpopular with some people.
We do however need to consider all the possibilities in order to get a feeling of how much time we have left to prepare for a bottom.
I will provide updates along the way in order to try and determine which of the scenarios presented here is likely to play out.
Once you see the reasoning behind this analysis hopefully it helps you with your own conclusions.
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.
Towards the end I also introduce another scenario which may be unpopular with some people.
We do however need to consider all the possibilities in order to get a feeling of how much time we have left to prepare for a bottom.
I will provide updates along the way in order to try and determine which of the scenarios presented here is likely to play out.
Once you see the reasoning behind this analysis hopefully it helps you with your own conclusions.
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.
