Rules EW: Elliot Waves Rules: Wave 2 cannot extend beyond the start of Wave 1. Wave 3 cannot be the shortest Wave. Wave 4 cannot retrace into the territory of Wave 1. All motive and Impulsive waves must have 5 sub-waves. Even though Wave 5 might not surpass wave 3, wave 3 must always surpass wave 1
Is EURONEXT:AVAX dead or a sleeping giant? Fundamentals suggest AVAX to take off anytime soon but the chart dont look so good. Will price ever move, maybe next bull run? Or will it slowly die? I think that it will reach a new ATH next bull run! Price Targets; -$31 -$69 -$147
Confluence for this position: -Orderflow -Fibs / OTE -Institutional price