Holy cow you called it perfectly. You just earned a follower.
lucamodena
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Hi! As far as I remember wave 3 shouldn't be the shortest right?
cryptokaleo
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@lucamodena, great point. I'm honestly still relatively new to this, so learning as I go. Taking a step back from this, I could see the waves actually going more as follows:
In this scenario, Wave 1 would be 6500 in size. Depending on when we truly hit the peak of Wave 5 (which I could see happening between 27K-28K), that would bring the correction to settle out somewhere in the neighborhood of 20.5K-21.5K.
lucamodena
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@cryptokaleo, BTW great call mate! as I can see you are learning fast! ;)