Long

Winter is coming, but autumn could start it ($BNTX)

By TophatPandaMagician

Updated

Corrective part in log for better readability:

106$ - 108$ looks like a good level to watch for a hold:

Alternative count of the C-Wave, that would allow for another low:

Note

Not gonna call it here, but looks good so far.

For the bullish view, could be done here as a WXY or could add another XZ, which I would prefer.

For the one more low view we'd be in an impulse to the downside, which would look like it would possibly have finished the wave 3 here.

So it'll be important what the next few moves will be.

Note

Looks like we might be at the level of interest now. Count works either way (impulse or multizigzag).

Note

While the USD-chart already went deeper, the EUR-chart is just entering the interesting zone, so we'll have to see if this will be the relevant one

Note

Clearly wasn't the immediate bullish case, currently leaving the third option shown in the first comment of the original post, which would still have some more work to do:

If wave 5 turn out to be an impulse that is, could always turn into a diag - impossible to say at this point.

TophatPandaMagician

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