Primary Wave 3 Starting in May 2020 (The Halving)
noooooooo.... i hate sideways
This is incredibly Bullish and has forced me to switch sides much earlier than expected. Having originally thought we would see a deep 76.7% retracement (4.2k) before wave 5 up the 6k trendline, it is now clear this will happen much sooner. Target 6750 Impact on the Halving Idea Minimal, Targets still intact, Big rejection expected at 6750 ish.
Repeating 61.8% Retracemens and a Large Scale Cup & Handle with the Handle trigger at 61.8% retracement Expecting drop to 4.2k region before the final pump to the angled 6k Trendline at around 6.8k-7k
2hr version of the wave 4 drop
Sorry - Another update.. The joy of continuously thinking, is you end up doing revision after revision around the same theme until you think you have it right... and then... you have a new idea :D Targets still the same though so that's something :D
By Request, Range Boxes Added + Disclaimer
Just playing with fibs and EW for a very very rough guesstimate at this wave 4 down in advance :D