Elliot waves;
1. 5 impulse waves done.
2. 3 Corrective wave, making wave B a bulltrap and creating a new ATH (2021May).
3. For trading strategy, I expect there will be a small correction in October to create a higher low(smart money entrance) before straight to the moon.
Fib extension:
1. Third impulse wave ATH 2020 = Fib 4.6
2. Bull trap wave B touching upper channel creating ATH 2021 = Fib 2.6
3. Next impulse wave Fib 2.6 intersect with upper channel will be a good TP at ($130) early 2022?.
MACD shows momentum strongly increased waiting for the ignition of fuel in a rocket propulsion to smashing the atmospheres.
LINK BULL RUN $130 IS BEARISH?
I wanna see what do you think in a comment below.
Happy trading!