Simple and easy. Inverse H and S play

Updated

extended 1st wave here. short 3rd wave if subwave 5 of 3 is weak..... Ill be waching for a big move around the orange line. I didnt want to chart anything because of the extended 1st wave.... The thing I love about extended 1st is minimal retracements in wave 2

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These flash sales on Xlm would put this 3rd wave as 1 bit over 1 for 1 so we could essentially witness a monster extended 5th wave if your counting from that bottom wick as the start of wave 3

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I believe this is wave 5 completing and we will move down 50 percent or so of 5 wave move than a spike for wave 3

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But will absolutely be watching for the breach of this orange line with a hold over it. because wave 2 will be extremely short due to extended wave 1

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broke out the pattern on wave 5!!....Resistence will become support on retracement

Trade active

savenido

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