TRX-Short-Term Possibilities 1/2,1/2 setup, Quite a Bit Higher

It is still possible that the bottom is in and we are working on 5 waves up with a 1/2,1/2 move. The next move up, if this is just that, should confirm. Anything other than a strong third of a third and it would question whether the bottom is in and that we need one more low. Note the gray A/B/C

(1) could also just be 3 circle, part of 5 up.

Slight change of degree, that really has no meaning other than fitting in sub waves.

Note

IF the bottom is in...nearly completing (2) in an Expanded Flat. Very strong up is expected from around now.

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Until we know the bottom is in...this and XVG is in a possible (2) Expanded Flat....readying for a third of third strong up.

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I think we completed wave 1 up on the 9th/10th @ $0.0355, which I now label wave 1 Circle. We are probably within wave (A) of an (A)(B)(C) correction of wave 2 Circle. $0.0198 is the 50%, $0.0173 is the 0.618 and 0.0146 is the 0.764 Fib levels.

trader_jackson

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trader_jackson