Bank of America ($BAC) Perfect Reaction Lower from Blue Box Area.
@Elliottwave_Forecast：
Bank of America ($BAC) Perfect Reaction Lower from Blue Box Area.October 23, 2022ByEWFTaha Good day Traders and Investors. In today’s article, we will look at the past performance of 4 Hour Elliottwave chart of Bank of America ($BAC). The decline from 08.16.2022 high is unfolding as a 5 swings and made a lower low on 10.13.2022 which created a bearish sequence in the 4H timeframe. Therefore, we knew that the structure in $BAC is incomplete to the downside & should see more weakness in 3 or 7 swings against 08.16.2022 peak. So, we advised members to sell the bounces in 3, 7, or 11 swings at the blue box area. We will explain the structure & forecast below: $BAC 4H Elliottwave Chart 10.17.2022: Here is the 4H Elliottwave count from 10.17.2022. The decline from 08.16.2022 unfolded in