WXY/Combination Pattern LONG FCT 20% Gain
I see the elliott wave WXY or Combination pattern. First it made a zig zag with an ABC pattern, this will make the W. After the ABC we see a flat pattern with an ABC pattern, the C will be the X of the WXY. As last we see a triangle forming.
All types of corrective patterns can combine to form a bigger corrective pattern. A triangle in a Combination should normally occur at the end.
We can also see the MACD crossing. Volume died of last weeks so let's see if this will increase.
My target will be around 500 000 sat.
You can find this pattern here/
http://www.prognosis.nl/support/faq/principle/Image89.gif
All types of corrective patterns can combine to form a bigger corrective pattern. A triangle in a Combination should normally occur at the end.
We can also see the MACD crossing. Volume died of last weeks so let's see if this will increase.
My target will be around 500 000 sat.
You can find this pattern here/
http://www.prognosis.nl/support/faq/principle/Image89.gif
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