Update: 15th April
The exuberance went into irrational territory. Theres a lot of it about. The divergence lives on.
Update: 10th April
The fifth wave was driven a tad further by the momentum of exuberance and has arrived at the upper boundary resistance line whilst improving the divergence. Probability takes a seat.
Previously:
Once again Tencent appears to conclude Intermediate wave (1). This take sees Minor wave 5 equal to Minor wave 1 as is often seen. But is this the real thing this time?
Like all of the charts that I post, this pattern analysis employs the standard version of the Elliott Wave Theory and is intended only to demonstrate my own momentary view within my own application of that theory.
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