NIO NEOWAVE ANALYSIS
Experimental analysis with the intention to follow back later on as I am still learning
The pattern is a flat
The B wave is considered a very strong B wave since it touches the 1.618 of wave A, which tells me that wave C will never break the low of wave A.
The pattern in wave C looks to be a symmetrical with only an I wave left to complete.
After the completion of the symmetrical pattern, we should see a move faster than wave F.
The flat wave can be part of a larger pattern or can be the first leg of a complex correction with an X wave.
The pattern is a flat
The B wave is considered a very strong B wave since it touches the 1.618 of wave A, which tells me that wave C will never break the low of wave A.
The pattern in wave C looks to be a symmetrical with only an I wave left to complete.
After the completion of the symmetrical pattern, we should see a move faster than wave F.
The flat wave can be part of a larger pattern or can be the first leg of a complex correction with an X wave.
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