The chart shows but, let's break it down. We have completed a 1-5 wave which has a completed a bigger cycle 1 and we are entering a ABC pattern to create our 2 cycle
Also before anything, this is not financial advice just my opinion feel free to share yours
Also before anything, this is not financial advice just my opinion feel free to share yours
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next we have our ABC / 2 it may be a bit sloppy but, basically, the 0.5 zone which is our 1-5 waves and our 1-1 ext from ab to making c align which often do. to bring us near 8k-8600 range
next we have our ABC / 2 it may be a bit sloppy but, basically, the 0.5 zone which is our 1-5 waves and our 1-1 ext from ab to making c align which often do. to bring us near 8k-8600 range
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going into our 3 here are a few alt options as well these are based on if we go past the 1.618 and retrace the normal 0.382
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last thing to look at is we could be viewed as a bull flag which would bring us near 21k near our fib line 1.236
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our current wave structure tiny to large scale all aligns
our current wave structure tiny to large scale all aligns
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Wave C has started
Nothing is 100% if we break 7500-7k our abc is invalid and expect a very deep dive but, for now, this is our the best scenario for it to remain bullish with a normal retracement. Original chart c is not our time frame the II is it was offset originally to prevent visual overlapping
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also c II are different prices those are just if we drop that deep where I expect to rebuy if we have support on that II level
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in range if it holds great for the bulls if we go deeper than 7.3 -7.1 . 5k seems the bear future zone
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to start let's look at our history we have completed a full 5 waves this is completing our larger-scale 1