RLC 1,2,3,4,5 Leads To ABC Correction Which Leads To 1,2,3,4,5

20 Agu

Good night my fellow traders, here we have a perfect 5-3 Elliot Wave sequence.

➖ The first part is the bullish impulse, a 5-up wave pattern.
➖ The second part is the correction, an ABC.

After the correction, a new bullish impulse can develop leading to a higher high.

I am showing only a portion of the bullish impulse potential, the 115% target, but it can go much higher.

➢ The strategy is simple: Buy and hold. Then be ready to wait for months... Sometimes it can move fast but we have to prepare for the worst.

Patience is key.

One common mistake is to become impatient and sell too early and move to a different pair. When this happens, we tend to sell the one that is ready to move and buy the one that is set to remain stuck.

In the case of not having enough patience and wanting to see action badly, try diversifying. Instead of putting everything into one pair, divide in between 3 to 5 pairs. Patience is still required for success.

They do move fast but not everybody can find and pick those ones; only an expert can.

Namaste.