Whaleshares WLS Analysis
As a follow up to last analysis post, price has beeng experiencing what's called a Genesis Correction which is when following IPO or ICO, price starts declining in a three wave swing. The below chart shows the WXY which is a corrective Elliott Wave sequence pegged to the Fibonacci ratio. IF this is correct, then the Y could be placed. That has strong bullish implications...espcially the price Breakout!!
What price is likely to do next, is start impulsing upwards. An impulse sequence is composed of five wave moves shown by the blue 1,2,3,4,5. These are also Fibonacci governed. Should this impulse reach the wave (3) stage; we should see price start making some orgasmic lunges upwards!
Your descriptions are incomprehensible to the average user. I often look at your descriptions, graphs are magic for me. Good luck
Yes, that's understandable. Many have felt the same but after a little study of Elliott Waves using the Elliott Wave Principle book or free online tutorials, they found that to be helpful.
I will also post the Tradingview links so you can see it in real time.
Please, do a guide or a short series of guides (if you have time). Certainly they will enjoy great viewership. You have a knowledgeable question only if you want to share it with others?
I'll post the tutorial videos soon.
I WONDER HOW YOU REALLY...……….
How I really what?....
Thanks for the information.
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