BTC 12/26 Wave 2 up of Impulse down coming shortly
Plan is going pretty much as planned from previous ideas.
Long term 5 impulse move down is currently about to reach wave 2 sometime today.
Otherwise, this small impulse move within the range, making up wave 2 to the upside is currently about to finish wave 3. Retrace to wave 4 and wave 5 is expected to terminate outside of the descending channel, then crash right back down.
If you were following my previous ideas, you'd already be up pretty solid. I'm currently up bout 400% from just a few days ago.
DO NOT miss this catching the top of wave 2, it will be a STRONG bearish move down. Lot's of money to be had on the short side!
Long term 5 impulse move down is currently about to reach wave 2 sometime today.
Otherwise, this small impulse move within the range, making up wave 2 to the upside is currently about to finish wave 3. Retrace to wave 4 and wave 5 is expected to terminate outside of the descending channel, then crash right back down.
If you were following my previous ideas, you'd already be up pretty solid. I'm currently up bout 400% from just a few days ago.
DO NOT miss this catching the top of wave 2, it will be a STRONG bearish move down. Lot's of money to be had on the short side!
Comment:
Comment:
THE ONLY OTHER THING TO KEEP IN MIND IS THIS TYPE OF SITUATION, WHERE WAVE 2 FROM WAVE 1 IS ACTUALLY IN A CORRECTIVE ABC, AND NOT AN IMPULSE UP. THE LEGS OF THE ABC ARE IMPULSE, BUT IT ACTUALLY GOES THROUGH AND CORRECTS MUCH HIGHER.
DON'T BE STUNNED IF WE GO INTO THE MID 51K REGION FOR WAVE 2!
DON'T BE STUNNED IF WE GO INTO THE MID 51K REGION FOR WAVE 2!
Comment:
UPDATE:
Guys, don't short there quite just yet. I realized after going through it further that this is a complex zigzag correction...
Guys, don't short there quite just yet. I realized after going through it further that this is a complex zigzag correction...
