I would like to present a scenario for your consideration, grounded in "Elliott Wave Theory".
[Recent Chart Zoomed In] ✔️ Wave initiated from the 15K level: Classified as a "Double Zigzag" ✔️ Current wave in development: Y-c-3 ✔️ Projected upward range: 93K ~ 101K
The rationale behind this analysis is as follows:
Zigzag patterns typically move within a parallel channel.
The first zigzag wave, which started from the 15K level, adhered precisely to this parallel channel.
As a result, the likelihood of a complex correction occurring is considerably high.
Based on these observations, I have constructed this particular scenario. It is an illustrative representation of potential market behavior, grounded in established technical principles.
Wishing you all the best of luck🍀
This is not a buy or sell recommendation.
It is a personal perspective and should be used for reference only.
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