I'm still trading well below my usual risk tolerance, but nonetheless up 10% for January, though could be 25%..
A. B. Private Trader
Wave (C) is the most important wave in the whole sequence. The reason for this is simple. Because once a Wave (C) is complete, the whole ABC correction is complete. And when the whole ABC correction is complete, the prior major trend then resumes. As such, the end of the Wave (C) represents the best point to enter a new trade…..
As such, Elliott Wave (C) is the end of the correction, before the prior trend resumes.