Once the contractive triangle is completed, the price must make a “thrust” that should be greater than or equal to 75% of the largest internal segment. On the other hand, this movement should not exceed 125% of the most extended triangle segment. The following figure shows two cases. In the first, we see that wave A is the most extended segment of the contracting triangle after wave E is completed. The thrust can reach between 75% and 125% of wave A.
My man that gap is obviously not filling anytime soon. 😂😂😂😂
Crypto_s0n
⋅
@Formula, That would be nice especially that the bulls are backed by a fundamentally strong weakening dollar and correlation to gold reaching ATHs. If it does happen it is a good opportunity to buy, if not that we be awesome as well.