Today we have seen the price continue upwards as predicted, however my wave landing zones have been fairly inaccurate:
After adjusting the waves to fit what actually happened, here is my prediction for the landing zone for the final E wave upwards.
Still hoping for a landing zone between 8500-9000+, and charts are pointing to it. Volume however is decreasing immensely and still shaping out the head and shoulders pattern i have been looking at over the last few days.
However, looking at the larger picture we can see that this H&S could possibly be breaking a bigger wedge, and if we have a clear break above this line then we might be out.... although there still seems to be a lot of room left in the wedge for that head and shoulders to play out.... SOOOO heres the risk:
Do we sell at 9k?
or do we buy at 9k?
Legal Disclaimer: I have no idea what Im doing and Im not telling you to follow me or make investments based on this information, this is just my thoughts and ideas and what ill be following. Happy Trading!!