SUMMARY
First, I always try to embed a take home concept in my videos and in this morning's recording, I strongly recommend you view and consider how sneaky greed and fear often take over your thoughts and decision making process. It's truly the esoteric level of a Trader's skill, so don't miss it! (I've checked the audio of the video and its good quality).
Second, overnight price was repelled by the resistance shown by the dotted line. There was a bullish piercing of the upper horizontal line of the ascending right triangle which completed the white circled wave 2. I've included the purple subwaves of wave 3 and ideally, we should decisively breach the upper white channel line. Let's see how the price action during the day plays out!
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
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Mumbo Jumbo: 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.**