TU | Elliott Wave Projection - End of Wave 4?
Price action and chart pattern trading
> Elliott Wave Projection of the primary wave 4 coming to an end of sharp declining DOUBLE ZIGZAG Correction?
> Wave Y coming to 1.236 to 1.618, then Wave 4 would slightly overlap Wave 1 position and expected a possible small sideway breakout consolidation for a buy entry.
> If Wave 4 is coming to the end as described, Wave 5 is projected at 1.236 - 1.618 retracement of wave 4.
Always trade with affordable risk and respect your stoploss
> Elliott Wave Projection of the primary wave 4 coming to an end of sharp declining DOUBLE ZIGZAG Correction?
> Wave Y coming to 1.236 to 1.618, then Wave 4 would slightly overlap Wave 1 position and expected a possible small sideway breakout consolidation for a buy entry.
> If Wave 4 is coming to the end as described, Wave 5 is projected at 1.236 - 1.618 retracement of wave 4.
Always trade with affordable risk and respect your stoploss
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