After each primary 5 count at the end of cycle wave I and cycle wave III, there has been a huge 80%+ crash in price, which is down to ~14.6% fib or a 85.4% decline.
.146 is derived as 144/987
Based on the fib extension of cycle I, cycle III overshot slightly the 1109% fib extension (987/89).
Hope I have this right, we appear to be in primary wave 4 correction within cycle wave 5 so there should be one big primary wave 5 push up left before we get the 80%+ massive crash wave.
Cycle wave I, primary 4 was a 3 months pullback followed by a 4 month rally to complete primary 5.
Cycle wave III, primary 4 was a 1 months pullback followed by a 5 month rally to complete primary 5.
So by symmetry we can expect our present Cycle wave 5 primary 4 pullback to last 1-3 months with a 4-5 month rally to complete wave 5.
Not sure how fast we can climb in 4-5 months, pick your favorite fib.
423.6%=82812
685.4%=133898
1109%=216558
.146 is derived as 144/987
Based on the fib extension of cycle I, cycle III overshot slightly the 1109% fib extension (987/89).
Hope I have this right, we appear to be in primary wave 4 correction within cycle wave 5 so there should be one big primary wave 5 push up left before we get the 80%+ massive crash wave.
Cycle wave I, primary 4 was a 3 months pullback followed by a 4 month rally to complete primary 5.
Cycle wave III, primary 4 was a 1 months pullback followed by a 5 month rally to complete primary 5.
So by symmetry we can expect our present Cycle wave 5 primary 4 pullback to last 1-3 months with a 4-5 month rally to complete wave 5.
Not sure how fast we can climb in 4-5 months, pick your favorite fib.
423.6%=82812
685.4%=133898
1109%=216558
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.