My mid-macro Elliott Wave game deserves a little more work, I must admit. Better yet, maybe it'd be better to focus on more 'macro' sized moves rather than the more short termed waves. Either way, there's still profits be made!
I suspected
65K would be the catalyst for a drop to $55K BEFORE we'd see $75,000 however, that turned out to be wrong.
Mid-macro target ($55K/dead)
Macro target ($75K/pending)
Corrective Bear target ($31-$35K/pending)
At this point, buying above the mid $30K range is not a smart money move imho. $35K cometh; #btfd.
I suspected
65K would be the catalyst for a drop to $55K BEFORE we'd see $75,000 however, that turned out to be wrong.Mid-macro target ($55K/dead)
Macro target ($75K/pending)
Corrective Bear target ($31-$35K/pending)
At this point, buying above the mid $30K range is not a smart money move imho. $35K cometh; #btfd.
Note
presently, we are likely in a flat correction (red wave) and have not entered Wave 5 of the C wave yet.
Decode the wave, anticipate the move. elliottwavescience.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Decode the wave, anticipate the move. elliottwavescience.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.