False breakouts.

6 May 2018

Chance that next breakout will be succesful are always higher than prevois breakout. I hope that last bearish will be not fulfiled and XEM will build fast "five" (5th wave).

7 May 2018

Yorum

It looks like this time bearish move from last formation is valid, so the corrective wave can do minimum 0.35 or even 0.3

7 May 2018

Yorum

After rethinking of elliot waves forming here, last 5th wave can be small, especially after so huge wave 3rd:



So the possibility of deeper correction is ahead of XEM.