Tricky little Asains setting up these monster bull traps Off the 382 retracement line. Do a retrace from my ending 5th wave. 382 tracement into a MONSTER B wave. WHY? bc you can already know C nomatter the length of B. The higher B goes the more Complex the correction. To grasp fully dissect the first 5 wave move up. exact 1 to 1 extended 3rd..... middle 2.168 and 3.168.Bulls saw it dying loaded up on the 382 Fibonacci line. BLASTED IT TO ALL TIME HIGHS. C Landed exactly on the 1.272 retracement of A wave
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Middle 2.168 to 3.168 on the 5th wave extention***Note
Wave One on the right matched the exact pattern..... MILLIONS of dollars sets these Bull traps. Exits and holds all the newbies inNote
that blue box is a 1to 1 of 5 wave move up not counted at all time highNote
Add onto skill set.... trend based fib extention from top of 5th wave down to A back up even to top of 5th wave..... 1.272 or 1.414 it will land almost everytimeNote
For wave C so again B wave is a Bull trap but something to ride until more liquidity in marklet. Whales doing whale shitDisclaimer
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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.