> Google looks sets to complete a C wave with a final "v" leg down.
>
> There are 2 Gaps on this chart.
> the first one was filled by the elliot 4th wave.
> Gap was at 3/4 of the 3rd Wave. Which was eventually filled by the corrective 4th wave.
>
> Therefore look at Gaps as part of an Elliot Wave to consider whether it will be filled or when it will be filled
> barring any fundamental shift in the game.
>
> However the 2nd gap on the way down.
> At this stage looks like the Gap happened also at the 3rd wave of a different degree but still its a 3rd wave.
> Will Prices fill the gap before completing the V and ultimately the C.
>
> If it goes to C without filling then look for rebound to fill it.
>
This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
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