For a real to the moon push we need to go lower to run the stops below last years 3k low. This is a probable count where we are just doing a 5-3-5 correction and have started on the last 5 of the C. The blue lines are fibonacci time zones to get a sense of how long this might take.
To run the stops below last years low it will take us to at least 0.65 fib level of the A leg of the correction.
This recent push up to 14k was then a B wave up that went to the 0.65 fib of the move down from 20k to 3k.
To run the stops below last years low it will take us to at least 0.65 fib level of the A leg of the correction.
This recent push up to 14k was then a B wave up that went to the 0.65 fib of the move down from 20k to 3k.
Comment:
Still valid, the EW count is maybe not spot on but the price action is. What do you guys thunk?