The upper line of the wedge pattern has been BREACHED!! So far, the BREAKOUT looks DECISIVE!! This is always an exciting time to witness the birth of a breakout....makes me feel like a new Daddy all over again!
I've added the micro-subwaves (blue) and price should hit around $8,856 before the 5th wave completes. These blue waves would be the subwaves of the higher degree of trend wave 3 (white).
Legal Disclaimer: 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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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