Decision time for nas...we are coming to ATH I would be surprised if we didn't test this area before dropping, I am in favour of the big drop as there is only so much printing and tweeting that can be done to keep this over inflated bubble a float. The chart speaks for itself, I would be extremely surprised if we created new highs and carried on... I never rule anything out but in the current climate I see this as extremely unlikely scenario, I can see spikes to get as many people out the market as possible before dropping.
We a currently trading in an extremely tight wedge and approaching a double top which is also at ATH. I have marked the A/B fib zones roughly to where I think price will come before the drop and the C/D waves match up perfectly with our marked zones. Let me know what you think?.
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We a currently trading in an extremely tight wedge and approaching a double top which is also at ATH. I have marked the A/B fib zones roughly to where I think price will come before the drop and the C/D waves match up perfectly with our marked zones. Let me know what you think?.
Like and follow :)