Post
Topic
Board Speculation
Re: Analysis
by
mikeywith
on 03/05/2020, 06:19:45 UTC
The B-D line will form the upper bound of the triangle, and Wave D hasn't completed yet. We could even see some short-lived shenanigans above the $10.5K pivot and still come down to build out Wave E.

Nice chart as usual. I draw the triangle a little differently, and I don't see us going to 10.5k, in fact, we got rejected by the downtrend at 9.5k, and the only way, for now, is a correction to the south, somewhere around 8.2k


 




None of the two candles you refer to as Dragonfly is actually a Dragonfly, I am not saying they are not perfect Dragonfly Dojis, they are not even close to being Dragonflies IMO.

Anyway, do mind explaining what does your chart suggests anyway?