Well, sometimes it helps to realize mistakes by adding some notes.
Just quoting one of my fellow followers here in the bubble who got tricked on that 10% bump.
But lets look at the chart, we see nothing has changed since the initial plan.
Probably will retrace to 1.272-1.618 level before crushing down to 4.236 since we triggered 2.618 on w3
Invalidation...
Special Request from one of my fellow followers again:
1) Dont get fooled by a 10% pump
2) Broke the neckline in 2021
3) Just now failed to reclaim it by a drop below and a backtest
Price action since the 2021 low fully corrective in a crystal clear 3-3-5 pattern (just confirmed by breaking 8.02)
=> Retest / Double Bottom 3.97 or lower inevitable
Take-Away:...
Double top on NZDJPY with first TP1 on the Leonardo level and TP2 on 61,8 % fibonacci retracement or retest the leonardo level and return to the downtrend
Special request for one of my fellow followers LDO Leonardo
Has been in a bloody downtrend for over 20 years (!)
Lets look at the chart: We are expecting a big ABC correction where as the C wave possibly could have been completed at the yellow arrow but that would be very much truncated.
The recent red (bear) flag most likely is going to resolve to the bottom...
Possible Bullish Bat / Leonardo harmonic on XBTUSD 15 min.
If drops look for entry at 4150, with initial profit targets on the 4250 61.86% retrace, and 4350 127.2% extension of CD retracement leg or if we get super lucky the 1272.2% extension of the XA leg around 4350.
