i) ( AP )
iii) Projection tool
Look for interesting intersection points from the two smaller and APs within the larger AP .
Our first interest is the smaller mid-point intersecting the smaller Resistance on 2020-05-18 @ approx price 8200
Our second interest is the smaller Support intersect on larger AP lower intermediate projection on 2020-07-27 @ approx price 1360.
Were this second target to play out, it would confirm the completion of corrective ABC completing Wave-2 and start of very Wave-3 of 5-Wave impulse pattern. If we don't meet our second target and BTC doesn't break below the 3122 low then that would indicate we are already in Wave 3.
This strategy is for educational illustrative purposes only and not to be construed as investment advice. Any trades taken based on this information is your own personal decision and responsibility taken at your own risk. The author is neither liable or accountable for any losses or damages incurred.