BTC made one more low extending the wave ( a ) of 5 but the structure of decline in the wave ( a ) looks perfectly completed now. It should give us corrective a-b-c move up from here
We nailed the low in the wave ( a ) of ( v ). Since that low BTC made wave a up and b down. Now it looks like having complete subwaves i and ii of the expected five wave rally in the wave c of ( b ) up.
Gold has a great setup with a tight stop for a strong rally
Triangle it's a corrective pattern made of five contracting legs a-b-c-d-e
I pointed out your attention to the critical resistance level at 63.85 Violation of that level had to confirm completion of the first leg down in the wave A and start of corrective wave B up. This is exactly what happened. We are inside b down of B up. The least predictable and ugliest part of corrective move... Focus on target for ( c ) of B. The path to get...
BRK.B needs the last five wave rally to complete the grand wave 3 which started in February 2016. Once it tops we should see a very deep pullback in the wave 4 down to 179 - 171 area
TSLA - completed five wave move up off the lows in 2010. And it started its corrective structure down.
TSLA topped and has started a meaningful correction down. This rally today is just a temporary relief rally.
This pattern looks like a corrective move down off the top made on March 13th. Once that current wave B of 5 down bottoms, we should see a strong five wave rally to new highs. The hard stop is the low of the wave 4 down at 6,634
On a micro level Russell needs five waves down off the top made at 3 PM last Friday. So far it reached the bottoming area for the micro wave ( iii ) down. That means that after corrective a-b-c shaped move up it will continue moving down in direction of the green target box
If you are short crude watch that green target box for the wave ( a ) of ( iii ) down
Crude has either topped in corrective wave ( ii ) up or can make one more high deeper into the red box. And then I expected it to start decline in the wave ( a ) of ( iii )
The decline off the January 2018 low is shaped as ABC. We are in the final leg C down. The drop to 1,470 area may complete all of the Wave C down and consequently the whole correction off the top in January 2018. Or it could be just the wave ( iii ) of that wave C. That scenario would imply a corrective pullback up in the wave ( iv ) up and then another drop to...
Bitcoin hast topped in the larger wave up in mid December 2017 and has been in A-B-C down correction since then. It bottomed in the first leg down of a larger corrective A-B-C on 22 Dec 2017. Then it topped in the wave B up on 6 Jan 2018. Since then it has been working on five wave decline in the wave C, the final leg of that pullback down. It has just bottomed...