Backfilled CME gap today. If we hold this level, and get back above ~29k, I could potentially see this elliot wave sequence form (roughly).
Take out previous yearly open (46k) potentially running the macro 0.618 at around 48k, then a correction down to fill the lower CME gap / inefficiency around 20-21k.
Would also form a H&S pattern
Take out previous yearly open (46k) potentially running the macro 0.618 at around 48k, then a correction down to fill the lower CME gap / inefficiency around 20-21k.
Would also form a H&S pattern
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
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*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
