Short-term buy, then mid term sell

By wsbza

Updated

Could be a 3-3-5 flat and trade for the rest of wave (c) of flat
then sell for a larger degree decline

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re-testing wave (a) high at 16.962?

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selling opportunities may arise after weak sideways

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bearish triangle

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could be a double zigzag to finish wave (e)
if wave (e) equals to 0.618 times the length of wave (c), then another push towards 16.591 is very likely

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OR we could have a sharp wave (w) instead of pink wave (a), followed by double zigzag (x) (instead of pink (b)), then another (y) (instead of pink(c))

wsbza

'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'

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