From what I can see, the 5 subwaves sequence (yellow) of the 3rd larger wave (green) is forming. Subwave 2 just bounced of the golden .618 fib level. Time for a nice run? Larger Wave 2 bounced off of .5 fib level.
Trade active:
3rd main wave and and 3rd sub wave are not prediction points, just placed on the side to clear room (for now)
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Updated chart with possible wave points...
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Things still looking to be on par for now...
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Boy things have been spot on so far!
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There's a chance this 3rd subwave can push 2.618 --- thats 19800 SATs -- im thinking realistic is 19200s
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Inner wave playing with a .618 bounce
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inner wave 4 bounced off of .786 fib level considering wave 2 was minimal. ow finishing last inner wave, which then completed the 3rd subwave. Will short here and awaiting re-entry at completion of 4th subwave (maybe 19200s?)
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19200s prediction was meaning the end of 3rd subwave.
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4th inner wave is nearing completion... one last run of the 3rd subwave thereafter.
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its ok so far... following trend of Start of inner wave 1, end of Wave 2 and we are between .5 and .618 fib levels.
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nothing out of the ordinary... we could drop down to top of subwave 1.
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Funny how things work, right? It hit that trend line (start of inner wave 1, end of wave 2)
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you see what I'm seeing for RSI and MACD?
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isn't she beautiful???
Trade closed: stop reached:
Closed out my position overnight to take profits as things looked to be weak in the 5th wave. Consequently, a 5th wave truly does not have to surpass Wave 3. Will await for next opportunity.
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Might be a 5th Wave opportunity... setup new idea here:
