it's starting to look more and more like my original idea is at play.
this is the final phase of distribution before they pull the plug for the drop to the actual wave 4 algo target.
this recent rally was Wave A of the larger a-b-c structure, part of an even more complex double \ triple 3 which begun to take form on June 21st.
one of these days we will go down for the Wave B (in confluence with the CME gap below us, which is also perfectly aligned with the golden zone), perfect trap for the bulls who don't see this coming.
once the gap below us is filled via this local golden zone, we move up for the final phase: Wave C, which will look exactly like a wave 3 impulse, but will top out right where the CME gap sits at 49k.
from there market maker pulls the rug \ we see massive long liquidation.
Wave 4 target = 22.9k
but we could technically see a wick get as low as 14.5k
(that's where my long orders will be).
ps. don't ask me how i came up with this, you don't wanna know.
✌
this is the final phase of distribution before they pull the plug for the drop to the actual wave 4 algo target.
this recent rally was Wave A of the larger a-b-c structure, part of an even more complex double \ triple 3 which begun to take form on June 21st.
one of these days we will go down for the Wave B (in confluence with the CME gap below us, which is also perfectly aligned with the golden zone), perfect trap for the bulls who don't see this coming.
once the gap below us is filled via this local golden zone, we move up for the final phase: Wave C, which will look exactly like a wave 3 impulse, but will top out right where the CME gap sits at 49k.
from there market maker pulls the rug \ we see massive long liquidation.
Wave 4 target = 22.9k
but we could technically see a wick get as low as 14.5k
(that's where my long orders will be).
ps. don't ask me how i came up with this, you don't wanna know.
✌
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