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Not so sure about the wave count as wave 4 has entered into wave...

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dirtpuncher

40 Posts.

15

22/12/20

13:26

Post #: 49755410
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Originally posted by beisha: ↑

Its been a while since my last chart, you can see that after wave 4 down, wave 5 up has had a stellar run, culminating in an exhaustion wick spike at the last, however what goes up exponentially must reset eventually, which is what we are witnessing now with some indicators cooling off and yet to find a base, GXY needs to hold @ 1.95, there is not alot of support underneath, which is why I have sold out and will watch from the sidelines until more clarity comes to the frame, just dont like the set up, plain and simple.

IMO

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Not so sure about the wave count as wave 4 has entered into wave 1 territory so it doesnt actually comply with elliot wave rules

GXY Price at posting: $2.03 Sentiment: Buy Disclosure: Held
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0 Great analysis

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