by Tony Carrion
Updated: September 12, 2019
You know the basic Elliott wave pattern: 5 waves in the direction of the trend followed by 3 waves against it.
But sometimes, wave 5 is so weak that it doesn’t move beyond the end of wave 3. It’s called a “truncation,” and it warns you of trend reversals.
Log in below — or sign up free — to watch our Cryptocurrency Pro Service editor show you examples of recent truncations: in Bitcoin, Ethereum and EOS.
Bonus: You’ll also discover what’s likely next for EOS.