Exploring the possibilities > a_ ABC correction wave b_ Some harmonic to play out, leaning towards a Gartley or Shark pattern > 1.271 or 1.618 pullback (Point C could be slightly higher as well to .886 level) c_ A AB=CD pattern d_ Another Triangle structure to consolidate before another leg up
In all cases, I'm still bullish and I have 3 potential levels for this like ABC correction as per my previous post commentary.
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Regards, S.Sari
PREVIOUS POST relate to this at the micro level:
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If it breaks this level, then the harmonics become invalid and the ABC will be that massive dip
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I have the first are to test the price at 11480 and if this fails to hold, then 11080.
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Last section AB=CD which has confluence with the bottom trend line which is also is part of a ascending triangle and fib level. Todays bounce was off the WEEKLY support line
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At this point, my BTC hypothesis, excluding waves 4 and 6