Has the final extension of the primary Wave 5 been rejected at the "Golden Pocket Zone" ? Touching between 61.8% and 65% FIB extension derived from Primary Wave 3 and currently holding resistance just over $11K... Since Wave 3 was so long then it can be assumed that Wave 5 would be truncated or under 1:1 ratio of Wave 3. There is also a count of 5 sub waves of the current 5th Wave extension. Confirmation of this rejection zone would be an eventual daily close below $9K area corresponding with the break of Primary Wave 3 Support which can take days,(maybe weeks) to confirm... Invalidation would be Bullishly closing above this zone again ($11K+) putting in play a possible extension up to a 1:1 ratio of Wave 3, which can still bring Wave 5 as high as $13K area right at the 1:1 extension of Wave 3(with the 78.6 at just under $12K) ...but for now the Golden Zone holds resistance just over $11K,...Weekly closing candles will be more meaningful in determining the strongest resistance and support levels... Just a thought...Trade Safe...Chonis:)