Not so much a reason to sell unless you have risk bought everything above 56k
the size of wave B is close to 105% the size of the A wave - if we flash crash hard enough , what has been building as a wave 3 of 5, will just be 5,3,5 zig zag representing a throwover B wave.
This type of ABC would be a running flat or an expanded flat if C falls further the end of A ... which would bring us to like 20k
Leaving some buy orders around the golden ratio would seriously not be a bad idea as you could essentially add a 1/3rd to anything you get
target is still 150K+ ... much higher if we go to the .618 FIRST
the size of wave B is close to 105% the size of the A wave - if we flash crash hard enough , what has been building as a wave 3 of 5, will just be 5,3,5 zig zag representing a throwover B wave.
This type of ABC would be a running flat or an expanded flat if C falls further the end of A ... which would bring us to like 20k
Leaving some buy orders around the golden ratio would seriously not be a bad idea as you could essentially add a 1/3rd to anything you get
target is still 150K+ ... much higher if we go to the .618 FIRST
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53k imminent I'm thinking
