Stephen_Acts6v8

Stephen_Acts6v8

I think we completed combination correction wave. as long as the correction wave does not exceed the first wave, it is 2nd wave confirmed. for the correction wave, we see it consists with 'zigzag and X and Flat" Within the flat correciton, its 'b'wave should finish around start point of 'a' and come down with 5waves if you look at 1hour time frame, we can...

Stephen_Acts6v8

this chart is thruoughly based on Elliot wave theory I counted the waves from lowest price to today. Didn't notice before, the primary 1st/3rd were perfectly harmonized with fibonacchi 1:1.618 ratio So I put it on Cycle time frame. On my analysis, the recent bearish movement is 'A ' wave of . and it bottomed 04 DEC 21, and we are now in 'B' wave of So...

Stephen_Acts6v8

This does not violate any principe of Elliot wave. 1. 2nd wave cannot exceed 1st wave 2. 4th wave cannot overlap 1st wave 3. only one extended wave in an impulse wave 4. 4th wave and 2nd wave altenatives 5. 3rd wave cannot be shortest in an impulse wave According to this, I see that ADA already finished its the first wave of a Cycle and we are in correction 'B'...