UUUU: HUGE SHORT OPPORTUNITY

This short allows for a very minimal possible loss, but huge possible gains. 4th wave is expected to end right at the bottom of the 1st wave, by end of 2019/early January 2020. I have January 7th as a possible target date to enter short. If UUUU pushes 2% higher than the count is invalidated and you should exit the short. If it drops at that 0.5 fib and doesn't go into wave 1 price territory than the count is valid. Expect the 5th wave to go to a minimum of 1.618 of Wave A. The blue box shows all price targets for the 5th wave. We could see an extended 5th wave meaning it could go down a lot further than that. Either way, expect large gains, just be aware of the 4th and 1st wave interaction after you enter the trade.
Chart PatternsElliott WaveFibonacci

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