This is going to be my last update for this year, unless something crazy happens.
In my last post I anticipated an ABC correction, which could be complete now. If I have it labeled correctly, wave B was a shallow abcde triangle, which is fine.
If correct, we will see a gradual increase in price from now on. Stay tuned...
If you think this to be useful information:
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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DISCLAIMER: This post / analysis serves general information purposes only. I am not a financial adviser. The material in this post does not constitute any trading advice of any kind. This is just the way I see the charts and what my trading ideas are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is entirely at your own risk. I am not responsible for any of your losses. By reading this post you acknowledge and agree that you will never hold me liable for any of your losses.
Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...
Have a nice day :-)
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Up to the moon
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Many thanks for all updates!
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Thanks for all the updates!
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That would be nice :) Thanks for the update.
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Happy holidays!
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