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Cryptogold14

DJIA on Wave 3 in Broadening Pattern

Long
Dow Jones Industrial Average Index (DJ:DJI)  
Cryptogold14  
DJ:DJI   Dow Jones Industrial Average Index
Chart Patterns Beyond Technical Analysis Trend Analysis DIA DOW djia US30 dowjones elliotwaveanalysis Broadening Wedge
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chartpattern beyondta trendanalysis dia dow djia us30 dowjones elliotwaveanalysis broadeningwedge
While studying the charts, I noticed that a 2.618 Fibonacci extension nicely coincides with the top trend-line of a potential broadening pattern. Do I believe this will play out? No. Is it possible? Definitely. I doubted we'd see 26,000 without a wave down, so at this point, what's another 1000 points up. No big deal in this crazy market. Please see my other chart for a bearish outlook that predicts the formation of a symmetrical triangle.

Tips are appreciated if this plays out and helps you get ahead of the market in the coming months:
ETH: 0x13cd45d7d282ee0ee4635645cce2e2a566d9bed8
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