JUICY BOOOOOM B WAVE HIT ON THE DOT!!
Last post, suggested a bounce for our completed Wave B at around $10,600 - $10,800.
NOW, whats next?? $10,300 is my next point and you wanna know why?
H&S FORMING BOI with $10,300 as the neckline!!
IF , this is what decides to play out, then we have a target from the H&S at $8,843 .
WHATS SO COOL ABOUT THIS, is that the good o'l fibonacci on .5 is at $8,900!!!
THIS, is extremely close to the H&S projection and could mean we are hitting that for our beautiful C wave.
So, my predictions are :
Target One : $9,500 - $10,000
Target Two : 9,300 - $ 8,700
MAJOR JUICY TARGET : $8,800 - $8,900
THERE IS STILL SO MUCH INFORMATION ON THIS CHART SO SUSS THE IMAGES!
A break below ALL THE SUPPORT LINES LISTED, could mean we could see that LOWER LOW!
This again is all based on the Bearish scenario and that my count is correct.
IF my count is INCORRECT, here is a possible bullish scenario that could unfold.
Lets suss what price action does and keep a close eye on things!
Bullish scenario plays out after $11,200 break.
Bearish Scenario Plays out after 10,300 break.
Legal Disclaimer: I have no idea what I'm doing and I'm not telling you to follow me or make investments based on this information, this is just my thoughts and ideas and what ill be following. Happy Trading!!