user100000

wave a of 5 target

Long
BITFINEX:BTCUSD   Bitcoin
i have two prelim targets for the end of wave a of 5 depending on where (iv) ends (it might need updating). a more conservative target is 306 which is where wave fives more commonly end (61.8% of 1~3). i have another target of 324 if wave (v) extends 100% of (1~3). i like 324 because it's close to the ideal 320 target and has the right look ending near the ((i)) to ((iii)) connecting line but not actually touching
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