SUMMARY

SALT/USD is showing off a fractal as shown in the white and blue boxes. The Cup & Handle in the white box took prices as high as 729% in profit. That's an amazing move. Would you ever see such a move in stocks? Very rare! The blue boxed fractal is quite interesting as it is bigger and wider than the white fractal. While analogous fractal analysis is not perfect (but then what is); it does provide very effective price pathway guidance. So, the blue fractal could also complete a Cup & Handle but just bigger.

In more detail, the MACD looks just coiled and primed to breakout. What do you think will happen to the price once the breakout occurs? It'll be a sight to behold. The blue impulse waves show that there is a real potential for an all time new highs.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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.

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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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