Hello traders,

I leverage Elliott Wave to identify patterns in the market but pair 3 other crucial components with it to execute a full trading system called the NewWave System.

This chart highlights how IMX could have the potential to create a new cycle towards the upside. It pulled back to a . 618 retracement of previous cycle, we have a double tap on crucial support zone of previous cycle and our current rally is steep enough to potentially work its way through the red resistance zone as the start of something.

Let me know in the comments below if this looks appealing to you or if you see something more concerning OR optimistic than I’ve highlighted here.

Creating successful traders,
NewWave Traders