BTCUSD We are going to free fall through 6400 & 6k

Elliot wave analysis with freakishly accurate targets so far. Highly matches the 2014 bear fractal.

Retraced 61.8% just like last time providing 80% odds of retracing to the median line (which happened on last 61.8% retracement also)

The chart suggests that we can have only a minor bounce at 6400 or 6100 and then freefall down to match the timeline (which has been perfect so far).

Stay safe,

Gojira

評論:

Broke out of the channel and got pulled back hard further strengthens the theory that we are still in this downward channel.

Timeline should be drawn out to the green 61.8% fib channel.