Ace Rip Rita: Wave 3 to resistance
Updated
Possible wave count for current trend,
Fib extension from the low 5.8 as basis
Wave 3 ending at 11.5k (the 1 of fib extension from low at 5.8) and the area of major downtrend from ATH, wave 4 back to .786 of extension around 10.3k, then wave 5 to around 13k for major resistance, or extension possible to 1.618 at 15k
Keep in mind I'm still watching for major pullback and possible new low, I don't trust this rally from 5.8k
Comments appreciated!
Play smart
youtube.com/watch?v=JATdOXA771A
Fib extension from the low 5.8 as basis
Wave 3 ending at 11.5k (the 1 of fib extension from low at 5.8) and the area of major downtrend from ATH, wave 4 back to .786 of extension around 10.3k, then wave 5 to around 13k for major resistance, or extension possible to 1.618 at 15k
Keep in mind I'm still watching for major pullback and possible new low, I don't trust this rally from 5.8k
Comments appreciated!
Play smart
youtube.com/watch?v=JATdOXA771A
Note
wave 3 may be ending here Order cancelled
I published a new idea, I drew 3 wrong here, and in fact my 3 may actually be a B wave but we won't know till we begin downtrend, which could be happening nowNote
other idea got hidden
Note
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