Quote from: Bossian on July 06, 2020, 09:00:56 AM

It means we will slowly correct to 6k area. I am still holding my short position. I can't be sure this is a ABCDE pattern, I still see 3k as possible, anyway 2022-2023 should be very good for the bulls Kiss

I might even lose my bet in 2021 Undecided

It means we are likely to slowly correct to 6k area as nothing is certain, it's only based on probability. 1% chances happen 1 in a 100 times. Don't go getting yourself rekt!
Your post was 1 one word away from getting merit Tongue

Quote from: exstasie on Today at 12:13:51 AM

Hmmm, that looks a whole lot like the triangle chart I've been posting for the past 4 months! Tongue

Quote from: exstasie on March 13, 2020, 09:37:21 AM

Great minds think alike Wink

Quote from: exstasie on Today at 12:13:51 AM

It's still a valid count, but also still speculative since the termination of D and formation of E are not confirmed yet. It will be invalidated if either the B or C pivots are breached before the E wave is completed.

If the market forms a swing low in the 50-70% Fib retracement range (~ $5,700-$7,200) then we'll have a textbook triangle on our hands, with a bullish bias.

Appreciate the input, I skimmed the comments hoping to find your interpretation