**SUMMARY** IF the e wave is complete and does NOT breach the lower bottom line decisively; then the likely next price move is expected to be upward. IF price decides to get closer to the Apex; the destination would remain little changed; only the pathway would differ. A breakout is very likely and the purple Elliott Waves project an impulse rise for wave 5. This would be a 280% profit potential. Will this happen overnight?No, it'll happen in a five wave impulse. This triangle consoldation was after completion of a five wave impulse move and would have finished the motive. <center><img src='https://s17.postimg.org/tkqaihpov/Screen_Shot_2018-03-06_at_11.20.04.png'></center> *** Even into this upward wedge; the seller repletion just was not enough to fulfill the wedge price travel guidance. Still, there is a scenario for a one more slightly lower low if price wanted closer proximity to the Apex. To this end, I wanted to share some attributes of the September 2017 correction and how it could have some fractal influences to this current recovery. <center><img src='https://s17.postimg.org/tkqaihpov/Screen_Shot_2018-03-06_at_11.20.04.png'></center> *** **Legal Disclaimer**: This post is for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this post has been researched and is thought to be reasonable and accurate, I cannot and do not guarantee any rate of return or investment timeline based on the information presented herein. <center><img src="https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV"></center><center><img src="https://steemit-production-imageproxy-web.s3.amazonaws.com/U5dt8BFauhjGURqh8Rn38guHXV9gmrZ"></center>
author | hahajin |
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permlink | 2018-04-04-6 |
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