GameStopLong
GME in daily chart
Hello
As we all expected , this symbol reversed (if it is impulse) but what is really important for me is the correction pattern that GME is going to make in the next week. In terms of Elliott Principle, what did happen today morning was Smart Money as wave 1 which is not for us unless you would sit in the front of your screen for more than 1000 days to catch it or having the right news.
If it is wave 1 that I think it is, so we should see its correction dip down (probably) to cover the gap (but it is not a fact).
Let it show us next movements and do not rush to get in.
We must find a reliable set up first for our entry point, so just wait far from FOMO.
Thanks
As we all expected , this symbol reversed (if it is impulse) but what is really important for me is the correction pattern that GME is going to make in the next week. In terms of Elliott Principle, what did happen today morning was Smart Money as wave 1 which is not for us unless you would sit in the front of your screen for more than 1000 days to catch it or having the right news.
If it is wave 1 that I think it is, so we should see its correction dip down (probably) to cover the gap (but it is not a fact).
Let it show us next movements and do not rush to get in.
We must find a reliable set up first for our entry point, so just wait far from FOMO.
Thanks
AMA
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