SUMMARY
GAS started off as an abc correction from its genesis. The likelihood of a bottom is high as shown by the distinc five subwaves of C. Gas is channeling within the parallel lines and thus far has carved out abc of the abcde waves. This kind of sideways move is typical of a consolidation phase prior to a higher high.
Subwave counting helps to gain confirmation of primary counts. The abc subdivisions (white) are very crisp and nicely placed. As price is pretty much sitting on the bottom line, the next move is expected to be towards the upper white trend line and should be three wavish. Similar to triangle patterns, not every pattern must have five abcde waves in a channel. So, yes, a decisive breakout could happen while in the process of placing he D wave.
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 shoud 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.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
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It's useful information for beginners, because it helps to invest in the bank, thank you for having wonderful ideas, worth pursuing @haejin
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Yes very usefull for everyone ..i like your comment
Yes very usefull for everyone ..i like your comment
interesting and up-to-date information about BTC,
Thanks for the post i love it ...i will follow you
Ontology will make gas price go up , ez pizi , A , B , C ,D , E then M...n
wow.......intersting post @haejin
thanks for upadte information
Well! The way u have presented the graph of gas is quite simple and easily understandable.As the graph shows that price is flactuating, hence from this graph we may evalaute or predict the future prices of Gas. The predicted price may vary but the chances or it my not vary.
So accordingly the companies , factories or projects running on Gas may make the necessary arrangements in case of inflation or deflation and get least affected by the flactuation of the Gas prices.
94 votes... $0.00 rewards. Uh?
Great post i love it make sense ..i love it
Please don't encourage Haejin to paste his summer pictures.
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