SUMMARY
The larger Inverted Head & Shoulders (IHS) pattern is still progressing. The LS, H and RS of the pattern shwos that the H is still being patterned out. These jive well with the Elliott Waves as well since blue wave 3 will complete the H while 4 and 5 will complete the RS.
The microwaves show that blue wave 3 is still in progress as it is on purple wave 4 of the 5; which are the subwaves of blue 3. The pattern is more than 2/3 complete but still needs to complete and confirm. Complete in that the pattern finishes and confirm by price breaching the horizontal Neckline (white).
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Title says EOS but analysis is LTC
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Interesting and useful information. Thanks.
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Haejin is whale enough to counter GrumpyCat himself.
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Haejin is whale enough to counter GrumpyCat himself.
Resistance comment deleted.
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Litecoin! Thanks, would appreciate an update on EOS soon.
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Its Vary vary Helpful post.
Thanks Brother For Share😍
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