$SHOP
Added 2023-09-13 03:14:44 +0000 UTCStill very much in this Wave 5 structure and the price looks to be pulling back to the 50 Day MA next to test support before going higher to complete Wave 5.
The positives here is that the price is back in the upward yellow channel and comfortably above the 50 and 200 Day MA's and following our projection very well.
While we can still see this moving in this way, I am bullish here to complete Wave 5 at $74.
Comments
Perfect, will do, thanks for the response!
Damien O'Sullivan
2023-09-13 16:54:26 +0000 UTCHi Damien, please have a look at the Elliott Wave Theory Made simple book recommended to all members to understand
Gareth Neary
2023-09-13 16:51:32 +0000 UTCWhat is the next phase after Wave 5? I'm just not sure if the pattern is meant to happen again, or something else
Damien O'Sullivan
2023-09-13 16:46:51 +0000 UTC
