Hi,
I'm new to elliot wave theory. Looking for feedback, also if anyone knows the statistical percentages of an ABC correction. This is my first attempt a drawing elliot waves. Does this drawing even look reasonable? If it is an accurate drawing, and we get a C wave that exceeds the prior 4 wave (@7600is that of great significance? Would that indicate a trend reversal, and invalidate this just being a correction in a bullrun? I am seeing more and more people jumping on the train to $4500 and lower. that is a little concerning to me?
Chris
I'm new to elliot wave theory. Looking for feedback, also if anyone knows the statistical percentages of an ABC correction. This is my first attempt a drawing elliot waves. Does this drawing even look reasonable? If it is an accurate drawing, and we get a C wave that exceeds the prior 4 wave (@7600is that of great significance? Would that indicate a trend reversal, and invalidate this just being a correction in a bullrun? I am seeing more and more people jumping on the train to $4500 and lower. that is a little concerning to me?
Chris
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.