Possible end of a 5 wave structure

2017년 7월 3일

Following Elliott's Principle, the 3rd wave is never the shortest wave in a 5 wave structure, therefore the 5th wave in this structure shouldn't go beyond 113.718.

This would give an entry short around 133.718 waiting on price action confirmation.
Take profit 1 at the convergence of the 0.786 retracement and the 0.50 @ 112.685
Take profit 2 at the 0.618 retracement and start of the 4th wave @ 111.8666

2017년 7월 4일

노트

TP 1 reached