BCH - All set for a final drop below $200
Updated
This can be considered as a large WXY or a 1-5 waves. Either way there appears to be one more drop considering that we also have a bear flag
Alternate count
Alternate count
Note
The consolidation turned out to be a triangle, common for a 4th wave. Also triangles are usually a continuation pattern and precede a final move of the trend (here downwards)Confirmation: < $216
Invalidation: > $235
Targets: $290- $270
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