I see an impulse that has formed and expected the ABC to be over. Latest brakes of the support suggest that corrective wave is not complete. Expect a retrace to 61 or 79 of Fib before starting a 3 rd wave
Here I`m expecting a higher magnitude wave 3. It started forming after the abc correction. Will be buying on the next dip. I`ve been expecting this impulse from $1198 where I opened my first position. Going to add some to it.
It is about time for the BTC to go down. End of the year, Dow could not reach 20 000 Gold started climbing the ladder, positions needs to be closed before the end of the year. Fundamentally and technically it should go down.
Wave 3 is 161FIBO of wave1. Wave 5 should be as long as 1 so around 192 could go. I suppose some support on 200 maybe it will not go down any further. Depending on development of world events
