$1 Club, page-22745

Interesting. I'm a big fan of Elliot waves for many years. It is still hard for me to get the correct one. It can't be adjusted with one impulse.

I'm still trying to figure out if IOU is at the 4th of upward impulse or ABC correction after 5th. I've been drawing my waves and I thought it's more leaning it to we are at the end of ABC correction.



I followed the classic zigzag 535 of Elliot waves theory.

- A and C length should be similar.
- B turned out to be Rising wedge. Very classic and straight forward.
- C correction could been worse. But it started to transform into the flat waves by good news (BNPL Launch & Razer Partnership). Some people were saying it can go worse if no news. But it seems it actually avoided the worse with good news.
- C is following Wyckoff Accumulation Pattern. Have you felt the accumulation has been happening? We might be in Phase C 'Spring' section?

Yesterday I thought it 'might' be the signal with massive vol. and gravestone candle. Either , I think we are close to the bottom of the bottom.

DYOR, I just want to hear other's opinion based on some facts and proven theories.