Updated
IOSTBTC bowl game - forming big cup - v2

if it plays out -
Check the updated black wave 12345. with wave 3 = wave 1, wave 5 would be at trend fib @ 2.618 (target at the blue line price 941sats)
I updated the blue arrow (sub waves of black extended wave 5):
- if first 2 small tops formed as shown in the chart, then it is counted as wave 1
- wave 3 @ 1.618 retracing @ 0.382, expecting corrective abc, then heading for wave 5 @ 1.618 to complete trend wave target @ 2.618
Check the updated black wave 12345. with wave 3 = wave 1, wave 5 would be at trend fib @ 2.618 (target at the blue line price 941sats)
I updated the blue arrow (sub waves of black extended wave 5):
- if first 2 small tops formed as shown in the chart, then it is counted as wave 1
- wave 3 @ 1.618 retracing @ 0.382, expecting corrective abc, then heading for wave 5 @ 1.618 to complete trend wave target @ 2.618
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.