Saturday, May 9, 2020

9th May 2020 - Elliot Wave or Idiot Wave (a wave to catch idiots)


Pattern Name
Expectation
Reference
Elliot Wave
 A downturn after "b" wave
Page 208

My thought on this Pattern Study
  • Should this be the famous Elliot Wave Theorem? I hope I am right.
  • The "b" wave is very stubborn.
  • Remember, whether it is Elliot Wave or not is not important. Believe what you see in front of you.
Daily Chart
















Historical Chart




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