As a result of my previous related idea which said prices would not exceed $12,000 (see link below) here is what I think is coming next.
Well nothing can come next except an impulsive decline according to the wave structure I am seeing which should unfold in another Zig Zig lower.
So in my opinion this is wave 1 of A followed by an ABC correction.
Well nothing can come next except an impulsive decline according to the wave structure I am seeing which should unfold in another Zig Zig lower.
So in my opinion this is wave 1 of A followed by an ABC correction.
Comment:
Wave C spat out an extra Wave 4 and 5 because of the nature of the initial thrust it is alternation at work which is fine the count still stands and I expect prices to turn lower shortly.
Comment:
WAVE 3 COLLAPSE IN PROGRESS.
