fresh perspective on trons Spring 'bull' run. was it even a bull run? yes it gained momentum but barely touched 50% of what it had dropped from ATH.
the 1-5 EW was incomplete and dropped off after wave 3 peaked (c of B wave maybe??).
Corrective waves usually occur as 335 or 535. With trx we saw a 5 wave A down, a 3 wave B up and now possibly another 5 wave C down.
After the B wave we have also seen a double top which indicates down movement bringing us to where we are.
Overall down is the direction its just a case of how far, reversing here at 760 sat would indicate that wave 5 is still on however a drop below could see the completion of wave C and a double bottom at 315 sat.
Prepare for all scenarios tronix.
peace :)
the 1-5 EW was incomplete and dropped off after wave 3 peaked (c of B wave maybe??).
Corrective waves usually occur as 335 or 535. With trx we saw a 5 wave A down, a 3 wave B up and now possibly another 5 wave C down.
After the B wave we have also seen a double top which indicates down movement bringing us to where we are.
Overall down is the direction its just a case of how far, reversing here at 760 sat would indicate that wave 5 is still on however a drop below could see the completion of wave C and a double bottom at 315 sat.
Prepare for all scenarios tronix.
peace :)
