SOLUSDT I'm still anticipating the same pattern; the only change is an additional high in wave 3.
Note
We may have found a potential local bottom at yellow Wave A, and are now tracking a move towards yellow Wave B.This yellow Wave B appears to be unfolding as a 1-2-3-4-5 structure:
Waves 1-2-3 are likely completed.
Waves 4 and 5 could still be ahead.
This full impulse may form part of a larger A-B-C correction, completing the final yellow Wave B.
In the black wave count, the 1-2-3 move is finished.
Within Wave 3, we saw a clean internal 1-2-3-4-5, confirming the completion of that wave.
Currently, I’m tracking the move from black Wave 3 to black Wave 4 as a developing A-B-C correction:
Wave A is potentially in.
We are now in the resistance zone of Wave B, which could lead to the final drop into Wave C.
After completing Wave 4, I expect an upward move into black Wave 5, starting with an initial A-wave.
This should then form another A-B-C structure, leading to the completion of the final yellow Wave B.
Note
Note
this shows my potential entry points for longs/shorts Note
We could see a minor 3 finished at the moment. So basically I'm tracking a small wave 4 right now to finish our main wave 3 hereTrade active
small 3 topped, realy nice. Now searing for a low in wave 3 to 4 to get then our (3) in a wave 5Note
3 reached now searching for the 4Trade closed: target reached
wave 5 is nearly at the end of this rally.
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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.