Neblio (NEBL): If Correction Bottom is Finished, Price Needs to Breakout of Triangle Pattern
SUMMARY
Neblio (NEBL) is still within the confines of the contracting lines of the triangle. It's best labeled with abcde (red) and the C wave is either complete or is very close to. The prior five wave impulse had wave 5 a bit extended and thus far, retracement has been to the 0.78 level.
Closer look shows that the abcde have pretty much completed all the subwaves. Recall that the triangle is labeled with abcde and each is comosed of a three wave; hence, 3,3,3,3,3. This leaves only one more action remaining to ignite the trend reversal and that's a breakout. Price needs to breach the upper white triangle line and do so in an impulse motive. Let's see how the day's price action play out.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
Make sure you downvote all of @Haejin's scammy post!!!
_LI.jpg)
Hgin You should stop your SCAMS NOW!!!
https://steemit.com/stewardsofgondor/@iknowwhoyouare/i-haven-t-gone-away-and-continue-my-efforts
@HAEJIN - You Should Watch This Video
I didn't make it. I found it searching "Haejin Video" on BING.
@Haejin You do not provide any entertainment. I brought you some.
Click Here To Find out Why @berniesanders Supporters are Idiots...
Nice update.
hey there click on my link to earn 2000 per month free vote and tell me if you like it
https://steemit.com/money/@wolf92/easy-job-from-home-earn-at-least-2000-dollers-per-month
thanks for a competent financial analysis. photo of a police car of the USSR as a gift!
I wish the traffic was up!
Here just to leech the curation reward...
Outsanding content you posted here @haejin. I have upvoted you and followed you to help you succeed. view my pencil work at @donnelson upvote me and follow me too. Lets succeed in steemit community. Cheers!
Congratulations @haejin, this post is the fifth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 62 and the total pending payments to posts in these categories was $2831.23. To see the full list of highest paid posts across all accounts categories, click here.
If you do not wish to receive these messages in future, please reply stop to this comment.
Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 127.62 SBD, based on the pending payout at the time the data was extracted.
If you do not wish to receive these messages in future, reply with the word "stop".