Elliott Wave C Theory
ENV "nearing a full retrace" yes that's correct..as a wave C tends to do..
the bottom of a wave C must have that complete exhaustion before the long term up trend continues.
Elliott Wave (C) is the end of the correction.
Wave (C) is the most important wave in the whole sequence. The reason for this is simple. Because once a
Wave (C) is complete, the whole ABC correction is complete. And when the whole ABC correction is complete, the prior major trend then resumes. As such, the end of the Wave (C) represents the best point to enter a new trade.
Enova Mining - Charting/TA Thead - 3c target then 6.3c, page-2638
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