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Aelf (ELF): Started with a Head & Shoulders by haejin

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aelf · @haejin ·
$248.04
Aelf (ELF): Started with a Head & Shoulders
<center>![](https://steemitimages.com/DQmf5i45SGJccjYLWdc8q8KNzXgL2mfG6f2z1jc7U9xpQnn/image.png)</center>
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**SUMMARY**

The below chart was posted on March 13th showing a Head & Shoulders pattern that was about to breakdown the price. The C wave's five subwaves were marked to hit lower lows.
![](https://steemitimages.com/DQmPLsY7GGZ4NDPgRtKvVe8MPprwtS6hWKQ7BVCCg6BbSNz/image.png)

The ABC is now complete as shown by the ZigZag (5,3,5) sequence of the correction. Price then went lateral for a month and since then has started rising in an impulse fashion.
![](https://steemitimages.com/DQma3ViegmpuNRSx1Qu9ibwdbhfmTC6iE977QHrMX6UwDFh/image.png)

The overall pattern shows a large rounded pric formation (white arrow); price has started a five waves ascent where waves 1,2,3 are complete and 4 is finishing off with a small descending wedge. Wave 5 could and should provide a higher high than the wick move.
![](https://steemitimages.com/DQmXVd4uXt9kdaXdHddRbSSQ1Hh3CATa48dj7rVJ2iHnGJD/image.png)



**Legal Disclaimer**: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes. </center>


Please consider reviewing these Tutorials on:
[Elliott Wave Counting Tutorial #1](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin)
[Elliott Wave Counting Tutorial #2](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-video-2-zig-zag-and-flat-corrections-how-to-recognize-and-label-corrective-waves)
[Elliott Wave Counting Tutorial #3](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections)
[Laddering](https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder) and [Buy/Sell Setups](https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial). 
[Laddering Example with EOS](https://steemit.com/bitcoin/@haejin/eos-target-usd3-22-analysis-update-live-real-time-laddering-example-you-don-t-want-to-miss-this)
[Tutorial on the use of Fibonacci & Elliott Waves](https://steemit.com/bitcoin/@haejin/tutorial-on-the-use-of-fibonacci-ratio-and-elliott-waves)
[@haejin's Trading Nuggets](https://steemit.com/bitcoin/@haejin/haejin-s-trading-nuggets-all-learned-through-tonnages-of-failure-experiences)
[Essay: Is Technical Analysis a Quantum Event?](https://steemit.com/bitcoin/@haejin/essay-is-technical-analysis-a-quantum-event)

Follow me on [Twitter](https://twitter.com/Haejin_Crypto) for Real Time Alerts!!
Follow me on [StockTwits](https://stocktwits.com/HaejinCrypto) for UpDates!!
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<center>https://steemitimages.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif



<center>https://steemitimages.com/0x0/https://s1.postimg.org/231h83mh7z/U5drx_NFe_Q4_Nn_YGEb9rq2_V47_X6_Yk_AQsm.gif</center>
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vote details (319)
@dkalita123 · 
I got some at end of 2 @haejin waiting for the firework now. lol Much love and Respect
👍  
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@introvertspeaks · 
Mr @haejin sir, is it true that you are a donkey?
👍  
👎  ,
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vote details (3)
@thabiggdogg · 
🔵🔴🔵🔴🔵🔴🔵🔴🔵
🔴 HAEJIN IS A SCAMMER 🔴
 🔵🔴🔵🔴🔵🔴🔵🔴🔵
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@laciri ·
$0.08
A wonderful and informative post that I benefited a lot
👍  
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vote details (1)
@tamim-islam · 
wow
Is it true..??
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@introvertspeaks · 
That @haejin is a donkey?
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@thabiggdogg · 
🔵🔴🔵🔴🔵🔴🔵🔴🔵
🔴 HAEJIN IS A SCAMMER 🔴
 🔵🔴🔵🔴🔵🔴🔵🔴🔵
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@theevent · 
It is sad this get hundreds of upvotes, but when a post in need of upvotes to  help disabled children is basically ignored. Every person on Steemit should upvote this post. The next sick kid could be yours or a friend of yours. Vote now! https://steemit.com/en/@themerge/luyn6n7f7
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@thabiggdogg · 
🔵🔴🔵🔴🔵🔴🔵🔴🔵
🔴 HAEJIN IS A SCAMMER 🔴
 🔵🔴🔵🔴🔵🔴🔵🔴🔵
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