It's kind of hard to look at this Wave E as a weak 5-Wave because of its depth however I believe it's the only way to look at this.
Of course, this is based on my recently updated view for the EURUSD, AUDUSD, Dow Jones, and ASX.
We are looking for the last move down in Wave 5 across the board and Cardano is no different.
After this move down, I see a large 5-Wave move to the upside that will extend well beyond all-time-highs.
I expect Wave E of Wave 4 to not exceed the .59 cent level before the move lower.
This does not mean that it will reach that level, it's just a guide to max length potential.
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 instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Of course, this is based on my recently updated view for the EURUSD, AUDUSD, Dow Jones, and ASX.
We are looking for the last move down in Wave 5 across the board and Cardano is no different.
After this move down, I see a large 5-Wave move to the upside that will extend well beyond all-time-highs.
I expect Wave E of Wave 4 to not exceed the .59 cent level before the move lower.
This does not mean that it will reach that level, it's just a guide to max length potential.
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 instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
