SUMMARY

NOTE: If this blog gets downvoted; @ranchorelaxo has our backs!!

STOX (STX) is very attractive as a buy because it's at an early stage of Cup & Handle pattern. The left hand side shows an uncanny bear flag as well and price, as expected, declined to a new lower low. The impulse waves are showing the future price pathway towards $5.31 or HIGHER.



When the /USD and /BTC pairs show near identical pattern and Elliott Wave count to the same bullish side, it has a reinformcing impact. The below shows STX/BTC with a similar Cup & Handle pattern as the STX/USD chart. Overall, this is very bullish such that higher highs can be expected!!



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?

Follow me on Twitter for Real Time Alerts!!

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