Overnight we saw that grind lower and smash through the lower channel with some waves revealing themselves in the process.
From here we can expect prices to stay beneath 22,286 as we see prices fall in a third-of-a-third wave.
Patience is key with the start of these moves as they transition between choppy to sharp and impulsive.
I also talk about potential target at the around 15,500 or until we see the first wave down completed.
See previous related ideas down below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
From here we can expect prices to stay beneath 22,286 as we see prices fall in a third-of-a-third wave.
Patience is key with the start of these moves as they transition between choppy to sharp and impulsive.
I also talk about potential target at the around 15,500 or until we see the first wave down completed.
See previous related ideas down below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
