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crikz
9 May 2018 13:27

Google about to bounce (still in correction) Alış

Alphabet Inc.NASDAQ

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Hi guys , i decided to try EW counting on stocks for few weeks to improve my counting skills , google looks good to go for a Minuette C wave (red)
Targets are 100% fibonnaci extension and 161.8%

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Wave 5 (yellow) came out extended , after this correction it should continue uptrend.

İşlem kapandı: hedefe ulaştı



I was lucky to reach the target even though the count seems to be wrong i believe.
this is the structure i see right now.

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Daily chart - we got a minute degree complex correction in process.

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Note: The fall started in 5-wave sequence , it could be a or 1 , i chose to label as a because of the expected complex correction and wave b retraced too deep to be a zigzag.
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