I’m not going to walk you through the details. If you know anything about fib retracements and extensions, then you can probably figure out how I got to this.
It’s a bit of fun, I’m NOT SUGGESTING this is inevitable, or a suggestion for a trade, so don’t get your knickers in a twist. But look carefully, take emotions away, and see what we just bounced off, and do your wave counts again. Check the retracement on the last wave, and shabangalang.... there you have it.
3rd wave on this , I’m aiming for the target of love.
There are some fundamentals involved in this (opinion) before people go talking about
“yeah but look at the resistance at blah blah blah”
“Barry on YouTube said we were still trending towards $4k”
Ignore me then.
I’m just a man on trading view.... what would I know, right???
The Colonel xxx