Lower High - Lower Low is the Down-trend.
Updated
Sideways are Correction.
Note
Reference : Elliott wave principle- key to market behavior by frost and prechterupic.me/i/wk/ew-endingdiagonal.png
Note
upic.me/i/0f/fifth-extentiondown-curve.png the fifth-wave extention , down-curved in down-trendNote
upic.me/i/r5/fifth-extentionup-curve.png the fifth-wave extention , upward-curved in up-trendNote
upic.me/i/89/bullishcypher.png AB = CD & Bullish CypherNote
AB = CD & Bullish flag : upic.me/i/ib/bullishflag.pngNote
Because EW are Patterns ; the repetitive patterns in form upic.me/i/ui/ewpatterns.pngTrade active
(5)/[c] $1416-1425upic.me/i/bx/extentionwave.png
Trade active
Revise : a-b-c/(a) zigzag or D/triangleupic.me/i/rn/corrcection.png
Note
Reference : Elliott wave principle- key to market behavior by frost and prechterupic.me/i/2s/4screenshot_1.png
upic.me/i/ar/4screenshot_1.png
upic.me/i/db/5screenshot_1.png
Trade active
Fed : rate hikeupic.me/i/8n/xusdx.png
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