Arbitrum Bullish Elliott Wave Scenario! It seems the wave 4 Expanding Flat correction idea (previous post) played out well with our fib time and price targets! Always a good thing to have the right look in your wave count, fib time and price projections paired with the Elliott Wave rules and guidelines... its a whole other feel to my trading psychology and it gives me more confidence in the end. Breaking to the upside in the first of a few nested wave 3s, so i expect a bullish run up. (Keep in mind we finished red wave 4 just past the 1:1 fib time), if we are in a complex wave 4 still, it could easily extend to the 4 fib time without affecting probabilities. Starting to love this haha. Happy Trading 🌊🧙♂️
