cherio757

cherio757

looking for a bounce at the .382 fib level target around 8600 then we should get a pretty solid retracment after that

cherio757

one tiny subwave up then down for either a wave 2, a B wave or a C wave.. the point is its going down so short it fuck although I do think theres alot of people shorting it so there might be a scumbag whale that could try to liquidate so be careful yall

cherio757

expecting a reaction to the upside near this area waiting on a B wave and C wave to form, correction beyond the .382 is possible

cherio757

correction to the .382 is expected with one final wave up looking for a bounce near the .5 to the upside looks like algos are targeting near the green box above

cherio757

looks like we are completing the C wave within the 4th if its not already completed looking for a target between 5.95 and 6.20

cherio757

one more wave down hopefully we can bounce to the .382 yuh yuh if we break above the yellow line before reaching target then this denotes my count

cherio757

5th wave became entruncated expecting a reversal near the .382 to the .5 lvls

cherio757

looking for a target of 6.35 to 6.4 this should complete the C wave if im counting it correctly expecting either a B wave up if my count is wrong or X denoting failure

cherio757

im still thinking more upside short term but will be looking for a retracment dount we break the 6800 level right now

cherio757

one is retracement to a fib level which is bullish (above 7k for sure) two is a dump below 6k

cherio757 Updated 

either we retrace to a fib level or this is dumping down below 6k

cherio757

not sure whether the correction is finished or if there is still a 5th wave, regardless be ready for a bounce

cherio757 Updated 

could be wrong regardless im preassuming a bit more upside action, this full formation looks corrective so im thinking one more wave down below the 5k ranges after this finishes up

cherio757 Updated 

wave 5 up for C wave then wave 5 down to finish the larger C wave to around 5k

cherio757

re-entry around green box

cherio757

Expecting one more wave up potentially to the upper trend line; then down for wave 2; wave 3 should pump relatively quick so be ready with yo dolla bills

cherio757

EW count is a bit difficult at the moment, regardless expecting minor retracement before a pump these EMA inputs are yellow:55 white:200

cherio757

if this trend line breaks early in, then this count is denoted and potential 6800 touch major support around 6500