Hello everyone
In my primary scenario, I assume that CHAINLINK is currently extending its Intermediate 4 via a Flat (Regular or Expanded) in order to subsequently complete the final Wave 5 and thus Primary Wave 1. The price will then correct in a Primary Wave 2 before moving into a massive Wave 3, which will probably reach new All-Time Highs.
The target of Wave 4 comes together due to several confluences:
Intersections of:
classic 38.2 FIB target for Wave 4
Wave C FIB Flat target (for Expanded Flat)
Base Channel
Temporary Elliot Channel
Range Subwave Minor 4
temporal correction ratio of Intermediate Wave 2 and 4
Take care and have a nice Christmas Time.
In my primary scenario, I assume that CHAINLINK is currently extending its Intermediate 4 via a Flat (Regular or Expanded) in order to subsequently complete the final Wave 5 and thus Primary Wave 1. The price will then correct in a Primary Wave 2 before moving into a massive Wave 3, which will probably reach new All-Time Highs.
The target of Wave 4 comes together due to several confluences:
Intersections of:
classic 38.2 FIB target for Wave 4
Wave C FIB Flat target (for Expanded Flat)
Base Channel
Temporary Elliot Channel
Range Subwave Minor 4
temporal correction ratio of Intermediate Wave 2 and 4
Take care and have a nice Christmas Time.