retraced 38% now confirmed wave 4 inside a triangle possible abcde dropping on v low volume invalidation short term below 69 with 35 as invalidation and cycle end. Crazy targets as wave 3 extended only 1.27 meaning extensions of 5th targets of 22xx but my bias is double top. Given I expect 3 legs same as last year longer term.
Hard to say on larger tf not enough time lol but seems trying make a break and failing to go higher. Looking at truncated failed 5th lot of bearish divergence ...
This is my first probable scenario 56 been the bottom. Must look at the invalidation point of 35 with 42 on an alternative. I am expecting do top and some correction of around 100 dollars move.
updated now more info we have truncated 5th ending wave 3 1835 is 50% we have touched 38% at 1855 but looks like it wants to fall back to support at 42 possibly before next leg up. Testing channel weekly bears best-case scenario for bear now is this low.
triple corrective pattern? maybe lowest seen 63 corrective pattern of wave 4 it seems. One of a few scenarios...
inside wave c inner waves a matter of time before we go 87 possibly to 84