What if the last top was not a Wave 5, but a Wave 3?
I think this is very likely. Why?
If the last top was a 5, we would have had to correct deeper.
Normally the correction should have went down to 0.382 (~7200).
Then 12345abc would be completed.
In our case, however, the correction did not even end at 0.5.
She stopped at $9,000.
What's the meaning of this? It could be a Wave 4.
That means we're just in wave 3 of 5 up to the final 5.
Let's see what happens. Happy trading. :-)
I think this is very likely. Why?
If the last top was a 5, we would have had to correct deeper.
Normally the correction should have went down to 0.382 (~7200).
Then 12345abc would be completed.
In our case, however, the correction did not even end at 0.5.
She stopped at $9,000.
What's the meaning of this? It could be a Wave 4.
That means we're just in wave 3 of 5 up to the final 5.
Let's see what happens. Happy trading. :-)
Comment:
idea still valid.
Comment:
as expected
Comment:
first a bit down, then up. move like this... chart update
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BTCINVESTING 😃
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Entrepreneur · Trader · Investor · Crypto since 2014
Trading experience for over 30 years
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---
BTCINVESTING 😃
---
Free Telegram Channels coming soon!
Twitter: twitter.com/BTCINVESTINGcom
Entrepreneur · Trader · Investor · Crypto since 2014
Trading experience for over 30 years
-