Wave 5

2022年11月4日

Sorry I haven't made a post in the last couple days. I have been busy and haven't had the time.

I marked on the chart our ABC correction for wave 4. Looks to me as if we started our wave 5 down, but we still need one more low to complete the pattern. You will notice there is a lot of confluence around the area I marked as a possible end point for sub-wave 1 of wave 5. The 1.414 fib line of our micro-wave 4 ends right in the middle of that box. Also, this coincides with my thesis for an end point to this wave 5.

The S&P just started its Wave 5 down. Ideally it will be a quick drop and a nice snap back. I feel Tesla will do the same. So keep your powder ready to pounce when the time is right.

If and when I make any trades involving Tesla I will post them on here for transparency.

👑💰TEAMWORK MAKES THE DREAMWORK💰👑
~Tyler

2022年11月4日

註釋

Looks like subwave 1 might be extending. If that is the case, it means we are in a micro wave 4. Target area for subwave 1 would change to $188-190 before a nice $20-30 retrace. Time will tell