NXT has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, NXT began a wave one advance on January 5. The wave one finished on February 6, and the wave two correction ended on March 2. The wave three advance finished on June 13, and the wave four correction ended on July 11. If this wave count is correct, NXT should be heading next towards the June 13 peak in the wave five.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "NXT will takeout the June 13 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "NXT will drop below the July 11 low".
If you think NXT is in a range, upvote this post and upvote the comment "NXT will stay in a trading range between the July 11 low and the June 13 peak until September 3".
You can upvote the comment until 3 PM EST August 4 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.