BNB could be a "B ware wave B" situation: $560 the crucial level

Just a heads up that the bounce could be a "wave B of A-B-C".
Thus far the Golden fib has captured every turn this bull run.
So we can expect reactions at each level, Gold ones more so.

558.89 is the KEY level with best chance tp end a wave B.
347.86 is the IDEAL target for wave C to bounce strong from.
402.49 is the BEST case target for C, and a sign of strength.

Of course, it is possible correction is DONE.
Still early in the bounce, more info to come.
I will post updates as things become more clear.

My last Plot where the EW failed but the Fib were perfect:

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Commento:

Here we are!

Just Pinged the golden fib

and best spot for bears to try a wave C.

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Zoom IN (1 min) for a closer look.

we are RIGHT there! Key moment here.
We COULD go higher, but still at risk of pullback from above this fib.

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Commento:

Got past Golden Fib, BUT

On the surface a break of the major Golden fib

BUT: adding a fib of the fibs

plotted is a retracement set between the Gold Fib and next Blue fib.
Notice the EXACT reflection off that 0.618 of that minor fib.

And thus the "Fractal" nature of the Golden Ratio:
Drill down or zoom out, it will be THERE in all things.

So now we see if the Major Gold fib holds

Very interesting moment here.

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