BA Elliott Wave analysis
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Function: Trend.
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Mode: Impulsive.
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Structure: Motive.
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Position: Wave 1 of (3).
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Direction: Upside into wave 3.
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Details: Current pattern indicates either a (1)-(2) or (A)-(B) setup. Looking for a bottom in wave 2, with targets beyond TradingLevel2 at $200.
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Function: Trend
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Mode: Impulsive
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Structure: Motive
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Position: Wave {a} of 2
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Direction: Bottom in wave 2
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Details: Wave {a} appears near completion. Still expecting downside movement, followed by wave {b} and a final wave {c}. After that, watch for signs of reversal and continuation to the upside.
Technical analyst: Alessio Barretta.
BA Elliott Wave analysis [Video]
