Yes it's always good to show multiple scenerio's sure, however this wasn't so much a price target prediction as it was an Elliott wave structure prediction.
ofcoursebutmaybe
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@BeingCryptic, to be honest I thought you were coding something haha. ie, thats what fetch a.i. is for in some respects.
But yeah nice analysis. Will have to see how it plays out. Always do the multiple scenarios thing. No point in pointing out one scenario, as Elliott is a risk management tool. Not a predictor of prices as you allured to.
BeingCryptic
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@ofcoursebutmaybe, No I wasn't coding anything, I drew the lines on here to show the different waves. So far it looks like I called the bottom.
ofcoursebutmaybe
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@BeingCryptic, are you sure consecutive impulse waves are possible in Elliott theory? I thought that is was always 1-5, then ABC.
it should however ALWAYS show multiple scenarios...
For example the blue 4,5... could also be a 1,2 initial impulse wave down. and that, could be part of the first A wave down.
do you program FETCH?