Gnosis (GNO): A Thousand Words in a Pattern

haejin (88)in #gnosis • 7 years ago

SUMMARY

NOTE: To All my near 30k Followers, I STRONGLY DISCOURAGE the use of @promobot to promote any of your posts. He and @transisto have targeted my blogs for downvotes and are encouraging others to do the same. @promobot is doing what randowhale had...scamming by using delegated SP to wage personal downvote campaigns! Meanwhile, @transisto has been for a very long time and still is self upvoting his own comments using multiple accounts like there's no tomorrow! @transisto exemplifies the most ideal circle jerker!

I Recommend @upmewhale and @themoneytree!!

It would be interesting to know if the choice of the word Gnosis (GNO) had any relation to the Gnostic teachings. The boradening pattern is quite noticeable. Within it, there is a sequence of rounded price formations. The white completed after touching the bottom trend line and rising to the top trendline. The blue is currently sitting on the bottom trend line and preponderance of fractal evidence is pointing the next direction to be up.

That rise is likely to occur in a five wave sequence of impulse waves (blue). Often, the second sequence results in a temporary piercing of the top trendline for a bear wick event. Given that this is all happening within a broadening pattern, the bear wick would then drive price back down to the lower trend line. UNLESS, the top line piercing becomes decisive and so a new trend up initiates.

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?