The original idea of long and bullish explosive up move HAS NOT changed. It's that now I expect price to move down slightly more before moving up.
I am expecting an ending diagonal and then an explosive move up. This is the time to LONG!
I expect BYD to fall to $166.8 given the following: 1. Price fall before trendline cut = price fall after trendline cut 2. Fibonacci extension level of wave 5 (of C) = 1.618 of wave 1 (of C).
