Since then it seems to have closely followed the model and might in fact be putting in HTB of lime green 2. If we see this blue B play out then please don't be anywhere near this for blue C but then after 5 waves down you must realize, if it happens per below after having seen it predicted in advance like this, that the odds would be quite high that the next move up would be well above $5.
If this plays out per below and you end up making some bank on this, please be sure to let some of it fall into my tip jar. I'm not saying this model must happen. I'm saying that the odds support it and the smart player sits back and watches patiently to see if it does. And if it does then one confidently buys the big dip and then uses stops just below that 5th wave down that will form blue C.
If any of this Elliott wave stuff is confusing to newcomers, don't be shy to ask questions in the comments. I'll answer as I have time (admittedly this week is tough because of overseas travel). In any case, it does not pay to sit back and allow yourself to be intimidated by the apparent complexity of all this because it really isn't all that complex even though it sometimes appears to be magic. In fact, it is magick. Those who understand this have opened their minds up and I'm not talking about simply EW here. Those who are still struggling to understand should look at the hints and develop the hunger to do research instead of waiting for someone to put in all in front of them in a gift box with a bow. That is never going to happen. The full understanding of this simply cannot be told, it must be earned by the effort and concentration of those who understand that there is learning to be done. The information is out there for the truly curious. The obfuscation that is being done is simply there to filter out those who are represented by this symbol:
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