Previous short (related idea) i followed for 5 monthes and 8 days,
We had reached the 0,000225 target today.
But with the development of trend, I found that we have a potential downward wedge, in which wave E corresponds to the corrective wave 4 of the previous driving wave 3.
I expect we will push the support around the end of july, but these patterns sometimes have a false break, so we may bottom a little earlier.
Also i have alternative calculations marked by vertical lines - middle of October or middle of December.
We had reached the 0,000225 target today.
But with the development of trend, I found that we have a potential downward wedge, in which wave E corresponds to the corrective wave 4 of the previous driving wave 3.
I expect we will push the support around the end of july, but these patterns sometimes have a false break, so we may bottom a little earlier.
Also i have alternative calculations marked by vertical lines - middle of October or middle of December.
Comment:
Support became resistance, price is locked, my scenario is going by plan
Comment:
Growth since end of June it is correction, plan is active
