XLMUSD - Pattern Update and Confirmation for 17th May 2021

In this video I recalculate the waves and advise on what to expect next.

We have already confirmed the start of Wave (C).

Now we are looking for the correct 1-2 pattern.

This one looks more accurate because things become clearer as time goes on.

As long as we had the larger Wave (B) identified, lately it's just been looking for the right count of the new trend.

So here it is.

Remember to use Disciplined Money Management Principles to ensure longevity as a trader.

If you don't know the long term pattern shouldn't you be doing your research[b/] instead of just following the crowd?

Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.