Today we did as I assumed and consolidated in a micro wave 4. This should set us up nicely to finish out sub-wave 3 by EOD tomorrow.....hopefully. If it extends then this sub-wave could go into next week(I would not be sad at all though lol). After sub-wave 3 our sub-wave 4 should not move into the price territory of sub-wave 1. Therfore I am recommending you have a stop of at least $188.50 after this wave finishes. That should lock in a 12% profit so far for this trade.
There is some fib line confluence around $206-207. I would not be surprised if they stop this advance or at least slow it down. When we finish sub-wave 3 I will be able to give some potential price points for sub-wave 4. After sub-wave 5 we will start our trek down for Wave 2. That wave could go all the way to $166.2 potentially, so long as it doesn't retrace more than 100% of wave 1. But that's for another day. Until then I stick with what I have and wait. There are always trades to be had. If your patient...you can get trades like this where we already have a 16% profit and its still Wave 1.
💰💰Good luck to all💰💰
--Tyler
There is some fib line confluence around $206-207. I would not be surprised if they stop this advance or at least slow it down. When we finish sub-wave 3 I will be able to give some potential price points for sub-wave 4. After sub-wave 5 we will start our trek down for Wave 2. That wave could go all the way to $166.2 potentially, so long as it doesn't retrace more than 100% of wave 1. But that's for another day. Until then I stick with what I have and wait. There are always trades to be had. If your patient...you can get trades like this where we already have a 16% profit and its still Wave 1.
💰💰Good luck to all💰💰
--Tyler
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler