TWT GLOBAL VISION ELLIOTT WAVEHi traders,
Want to present you my global vision of TWTUSDT (Trust Wallet Token)
TWT made a FULL IMPULSE (1-2-3-4-5) Cycle. It was complete in very clear way, even can say that its looks like a book example:
-Wave 4 was a clear triangle "abcde" with its own subwaves - each abc
-Wave 5 was a clear 5w impulse
NOW SOME TYPE OF GLOBAL CORRECTION IS HAPPENING ( ABC zigzag with its own subwaves IMHO)
-My point is that wave A was set in a shape of leading diagonal with its own 5 subwaves
-Now we are observing Wave B development
-Because Wave A was a 5w structure we can assume that whole ABC will be 5-3-5 structure
So I expect wave B will be structured in 3 waves and will end on one of the Fibo levels (50-61,8-78,6). It can become a complex Wave so it can be devided in its own abc structures.
Lets go step by step with market structure and always remember to control our risks first!
