I think $WRAP is going to $10+ before November, for the reasons shown above^^
Which would mean 80%+ returns; Christmas came early
- Happy trading, stay safe
5 wave move down in yellow to start a larger ABC retracement (5-3-5). Currently working on it's second wave in that larger ABC retracement - the green abc takes it to the golden pocket retracement of the 5 wave move down; the blue abc takes it to the golden pocket extension of wave a in that blue subwave.
The target for a golden pocket extension of the 5 wave...
Update from my last idea on STMP:
The B Wave pushed for a higher high to my target (green box), and now seems to be reversing to complete the C Wave of the final ABC structure. Hoping to see more confirmation of the reversal still.
The first yellow target is between 0.618 and 1 fib extension of Wave AB (making the final ABC structure a running flat), and the...
STMP is consolidating in a WXY retracement right now after it's first impulse wave up. It has completed the first ABC correction (expanded flat), the second ABC correction (regular flat), and is now working on its third ABC correction, wave structure yet to be confirmed. As it stands, if the last ABC wave has a double top at $92.45, it will likely retrace anywhere...
BLOZF is currently playing out a triple three retracement (not pictured) - the yellow ABC correction is the final correction in the pattern, which looks as though it will complete a running flat (3-3-5). Wave B retraced already to roughly 90%. It is now on its 5 wave impulse down to complete the C Wave of the ABC correction. Within that 5 wave impulse, a triangle...
ACB just completed a massive wave 2 retracement (0.854-0.9) after a failed impulse wave up. The next impulse wave (3) should target a 1:1 of wave 1, which would be roughly $13.74, and after barely breaking the previous resistance set by the failed impulse wave ($12.53), the wave 4 retracement should then test $12.53 as a support. Since wave 2 retraced a lot...
