So that pump last night was unexpected, so had to move around the wave points. The overall results don't change however.
Because Wave 1 ended around $7450, this should not correct below $7450. Below $7450 and the entire wave is invalidated. I expect the correction to go to lowest $7600 based on how the wave is looking and historical supports. However, I suspect it may stop at only $7700 based on the 0.382 and how bullish the market is behaving. Subwave A stopped at EXACTLY the 0.236 fib level, so why wouldn't subwave C end at exactly the 0.382 level?
Because Wave 1 ended around $7450, this should not correct below $7450. Below $7450 and the entire wave is invalidated. I expect the correction to go to lowest $7600 based on how the wave is looking and historical supports. However, I suspect it may stop at only $7700 based on the 0.382 and how bullish the market is behaving. Subwave A stopped at EXACTLY the 0.236 fib level, so why wouldn't subwave C end at exactly the 0.382 level?
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.