kakatho420

kakatho420

Elliot Wave Analysis Must Happen Rules: - Wave 3 can NEVER be the shortest impulse wave -> ✔️ - Wave 2 can NEVER go beyond the start of Wave 1 -> ✔️ - Wave 4 can NEVER cross in the same price area as Wave 1 -> ✔️ Help Indicators: -Wave 5 breaks the trend line drawn off ->✔️ -Wave 3 parallel to a trend line connecting the start of Waves 3 and 5 ->✔️ -Wave 3 tends...

kakatho420

Fibonacci retracement being tested almost perfectly (blue circles) Probability of outcome: Dark Green > Light Green > Light Red > Dark Red Level 1900 being tested right now as resistance: - If price closes above, we can expect testing both 2000 as resistance and 1900 as support, with the possibility of testing 1800 in the support trend line (where the dark...