While there's talks of a possible recession just around the corner, came across this interesting pattern. Possible ending diagonal (Wave 5?)
Will continue to check if price enters the trend zone again and continue the Wave 4. Or its a good breakout of the trend line and its a potential BUY for the near future. Opened a sell trade on MSFT.
* I'm a newbie on Elliott waves. But decided to check out this method.
Will continue to check if price enters the trend zone again and continue the Wave 4. Or its a good breakout of the trend line and its a potential BUY for the near future. Opened a sell trade on MSFT.
* I'm a newbie on Elliott waves. But decided to check out this method.