The longer drawn out count, ABC, that I had shared on October 1st ended up as the count that filled out. Therefore the probability of a WXY correction is significantly lessened - but it is not impossible for us to see 3 waves to the downside.
It seriously does not get any better than that - to the very candle.
In the short term, I am expecting a retracement to roughly $11,600 - which should make a great short opportunity if you didn't enter at the 1:1. A retracement to $11,900 at the 1.382 is possible as an expanded B wave, but it is significantly less likely.
We will have to wait to see what kind of structure begins to fill out before projecting targets - but we should be able to expect an impulse as either a C wave or a 3rd wave. For a C wave, we should be able to expect at least $10k. However, if this fills out as a 3rd wave, we can expect at least $7,400.
It seriously does not get any better than that - to the very candle.
In the short term, I am expecting a retracement to roughly $11,600 - which should make a great short opportunity if you didn't enter at the 1:1. A retracement to $11,900 at the 1.382 is possible as an expanded B wave, but it is significantly less likely.
We will have to wait to see what kind of structure begins to fill out before projecting targets - but we should be able to expect an impulse as either a C wave or a 3rd wave. For a C wave, we should be able to expect at least $10k. However, if this fills out as a 3rd wave, we can expect at least $7,400.
