Here is my third and final alt that I will post. There are other scenarios that could play out, but looking at 3 separate is the most I am going to do over this holiday weekend.
We will keep watching this as the price action unfolds - but I do have to say I do like the look of this one and also ALT 1. This one gives us our bottom near the minute wave 2 AVWAP while ALT 1 puts our bottom near the alst pivot AVWAP.
Be mindful that another ALT I could put out is that bottom is already in for our wave four and back to ATH's we go right now, but I don't favor that and I think more downside is coming. The initial drop looks to much like a 5 wave move down for me to consider it as anything else for now
We will keep watching this as the price action unfolds - but I do have to say I do like the look of this one and also ALT 1. This one gives us our bottom near the minute wave 2 AVWAP while ALT 1 puts our bottom near the alst pivot AVWAP.
Be mindful that another ALT I could put out is that bottom is already in for our wave four and back to ATH's we go right now, but I don't favor that and I think more downside is coming. The initial drop looks to much like a 5 wave move down for me to consider it as anything else for now