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[ BAT ] Analysis ๐Ÿ’ต: The bulls are coming back

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Published: 12 Mar 2018 โ€บ Updated: 12 Mar 2018[ BAT ] Analysis ๐Ÿ’ต: The bulls are coming back

[ BAT ] Analysis ๐Ÿ’ต: The bulls are coming back

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BAT has been in a correction for over 60 days, this sounds very ugly and scary but the pattern that has formed in this
correction is rather beautiful. I am talking about the falling wedge pattern. After the 5 wave sequence that played out a ABC correction is needed.
Most of the time these ABC corrections are complex and will form some sort of pattern, most of the time these patterns will break out on the E wave in the sequence.
We are very close to that level.

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I am accumulating when the price is 0.24 and below.
Get ready and don't panic.


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Have a great week!

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Trader - Programmer - Elliot Waves & Market Cycles

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