Our last trade for Wave C Down hit our profit target of 15%.
We could see short term price action go up to 33k to 34.6k ish but we would not enter any long position at that small of a wave degree pattern.
We are still looking for Wave C Down and would take the appropriate PUMBA signals when they all are in alignment.
Looking at the time extension, however, it is unlikely that we have actually seen Wave B yet.
Again, given our trading plan.... it is not 100% necessary to have the wave count correct when projecting forward... what is most important is to recognize the direction of the wave!
We could see short term price action go up to 33k to 34.6k ish but we would not enter any long position at that small of a wave degree pattern.
We are still looking for Wave C Down and would take the appropriate PUMBA signals when they all are in alignment.
Looking at the time extension, however, it is unlikely that we have actually seen Wave B yet.
Again, given our trading plan.... it is not 100% necessary to have the wave count correct when projecting forward... what is most important is to recognize the direction of the wave!