SULA - Wave 3 about to start ?
Looks like wave two has ended at 78.6% fib levels.If my assumptions are correct, we can see a sharp moves from these levels
We can also see a morning star at the above fib levels which is a powerful reversal pattern
For a detailed explanation on Elliot waves basics, please refer to the following link: investopedia.com/terms/e/elliottwavetheory.asp
DISCLAIMER: It is important to note that the information provided in this analysis is intended solely for educational purposes. It is strongly advised to consult with a financial advisor prior to making any investment decisions. I cannot be held responsible for any financial losses that may occur.
We can also see a morning star at the above fib levels which is a powerful reversal pattern
For a detailed explanation on Elliot waves basics, please refer to the following link: investopedia.com/terms/e/elliottwavetheory.asp
DISCLAIMER: It is important to note that the information provided in this analysis is intended solely for educational purposes. It is strongly advised to consult with a financial advisor prior to making any investment decisions. I cannot be held responsible for any financial losses that may occur.
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