Blow Off Top with Negative Divergence
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We're possibly moving toward a Blow Off Top with Negative Divergence.
Note the ABC tied in perfectly with 12345 waves.
The Fibionacci extension shows where this could go.
The megaphone possible limits the lat move to C to 50% of the last Fib retracement one might normally expect.
Note the ABC tied in perfectly with 12345 waves.
The Fibionacci extension shows where this could go.
The megaphone possible limits the lat move to C to 50% of the last Fib retracement one might normally expect.
Not
PS - Note that B and 5 are in the same position.
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