SUMMARY
On February 24, the below chart was posted for TenX (PAY/USD). The white arrow was drawn as projected price pathway. The fractal nature was also discussed between the blue and the white downward wedge patterns. The blue fractal had generated a cup & handle pattern and so the white was correlated to have the same.
Currently, PAY has generated the Cup & Handle pattern and looks to be breaking out of the handle formation. Not too shabby compared to the projection made on Feb. 25th!! The Elliott Waves show an impulse that could potentially take PAY close to a new all time highs. The MACD is quite fractal as well. When will that MACD surge occur? I don't know exactly when, but if you own PAY, real payday could arrive soon!
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Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Tutorial on the use of Fibonacci & Elliott Waves
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Essay: Is Technical Analysis a Quantum Event?
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