Basic Attention Token (BAT): What's Hapenning Now?

SUMMARY

The micro waves of Basic Attention Token (BAT/USD) shows that a full set of an upward impulse has taken place (blue waves). The current price action is the requisite correction and very likely an ABC zigzag sequence of 5,3,5. Red Wave A has not completed and as you can see, wave 5 still remains. However, if the first down sequence is in fives; then it's most likely for an ABC Zig Zag.

The the sequence of five waves at a higher degree of trend is shown below. It takes place well within the broadeing pattern. Price has nicely bounced from the lower blue trend line. So, what's happening right now? A wave 2 correction (white).

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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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