I have uploaded this a number of times during the week because we have been so impressed with how this has been moving and following our count, that we are eager to get an entry level to take advantage of this chart again.
We have already made money twice in 2023, making gains of 83% in total and we want to continue this now to catch Wave 3.
I believe the pull back now is Subwave 2 of Wave 3, and if the price action can continue down as shown to Subwave C between the 0.5 Fib and 0.618 Fib between $131 - $127, then this is the level we will be buying again at.
The 50 and 200 Day MA is also inbetween these Fib levels too, so it is certainly an area of interest and a high confluence level.
Chris H
2024-01-03 14:39:59 +0000 UTC