SNX - SYNTHETIX - How Might The Rest Of This Correction Unfold?So continuing on in the spirit of sharing thoughts like no one can, once again I am talking to the chart.
You might think this is amusing but it is very serious business.
In fact so serious that you might actually learn a thing or two about holding onto your profits during corrective waves.
Although it may appear to some that we may be continuing to go lower or getting ready to move higher.
At this point in time it looks like neither.
It's purely corrective price action at it's finest.
A potential Type-1 Weak 5-Wave Move has been identified which will likely continue to be extreme choppy.
Chances are that you may have to watch the whole 20 minutes of this video to grasp what I am saying.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
