thnx very much for the attention to ENG.
it looks indeed like a beautifull example for the elliot wave.
i will keep the eye on it, if this retest the level or maybe its going one level deeper.
in my humble experience, the correction phase takes almost double of the time of the 1,2,3,4,5 impulse phase.
like: 1,2,3,4,5 (22 days), then A,B,C (22 days) + akkumulation (18 days).
so maybe we have to wait aprox. 18 days before its skyrocketing again to the next big elliot wave.
but i am not a pro, just a learning and watching student.
it looks indeed like a beautifull example for the elliot wave.
i will keep the eye on it, if this retest the level or maybe its going one level deeper.
in my humble experience, the correction phase takes almost double of the time of the 1,2,3,4,5 impulse phase.
like: 1,2,3,4,5 (22 days), then A,B,C (22 days) + akkumulation (18 days).
so maybe we have to wait aprox. 18 days before its skyrocketing again to the next big elliot wave.
but i am not a pro, just a learning and watching student.
thnx