SUMMARY
OmiseGo (OMG) can be patterned to be traversing within a sizable broadening pattern as shown in below chart. Price recently bounced of the bottom white trendline. Broadening patterns have six touchpoints which will be shown in the second chart. Each directional change consists of ABC subwaves. The final ABC (white) move could look like this.
The purple ABCDE are the six touchpoints. Wave E would allow a very profitable turnout given its all time new high attributes. The white ABC are the subwaves of the purple E. The blue waves are the subwaves of the white ABC. Price is currently trying to finish up the blue (b) wave before completing the white A wave.
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Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
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