This post was requested by one of my followers: @kitkat16
Thanks for the request. keep them coming guys! request more if you would like and please resteem and upvote me!
this picture shows a possible ABCDE Triangle which is signaling a completed triangle getting ready to shoot out !
But below is another form or variation to the triangle which is good to keep in mind as there are MANY different paths this can take. MANY
But here is just a secondary option I think it can look like. Showing that the prices will not rise yet and MAY have 1 more bounce up and bounce down before starting its 5 wave impulse.
Regardless which one it is, These are 2 paths to the same destination.
BTW guys please feel free to add anything into the comment section if you feel like I am missing something or not seeing something.
Lastly, Below is the new set of impulsive waves. NOTE: This is my first time using the Fib Extension to attempt to predict the price pathway and price ranges. Please explain if you know how to use this and if I am doing it wrong. To me, it looks pretty good.
to recap, SBD is looking very bullish and seems as if it has nowhere else for it to go but UP!
Nothing is 100% of course but I believe this symmetrical pointing triangle can really be the end of this lengthy correction we have been sitting on for far too long.
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WARNING!! This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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