Ewj: elliott wave

Thx

Very handy example that Exp Flat B...

 

Prepare to sell if Head and Shoulders pattern is confirmed.

 

Short position entered. Set stop at the last high.

 

Again Alts can be use to keep in degree...

If they break you know its changed and then its clear cut...

 

Prepare to stop out. Looks like a two-day Irregular Flat Correction. Plan to open short position again at the completion of five waves pattern near Thursday high.

 

Not Techincal on a 5= 1

 

Short position re-entered. Set stop at the last high.
"M" pattern confirmation.

Edit.
Stop out at Bull Trap.
Wave 5 failure of Microwave 4)c.1:3iv.ã

 

Enjoyable afternoon...

All the signs were there and the players played them as usual...

People still mock EW

 

At first it looked like we missed the opportunity on the long side.
The last swing down would have negated it anyway.

 

I hope Mike had as much fun