My prediction from Dec 29, 2018 (linked idea) can now be reinforced with a finished wave B. Note: since then, I've only changed the degree labeling.
So let's see if a crash does happen and the big flat's wave C unfolds.
Target: well, it depends on what type of flat is formed. I'm betting on the running flat because it happened in the past with the 2nd waves of 2011 and 2016, which had also their wave B extremely extended. This would mean that the same pattern is repeating itself in the 2nd wave at different degrees of the long term uptrend. If so, an idea to the target could be around the 78,6% retracement of the entire rise since Dec 2018.
And as it happened after 2011 and after 2016, after this crash a very strong and long lasting rise will also take us to a trip to the sky...
Or not.
So let's see if a crash does happen and the big flat's wave C unfolds.
Target: well, it depends on what type of flat is formed. I'm betting on the running flat because it happened in the past with the 2nd waves of 2011 and 2016, which had also their wave B extremely extended. This would mean that the same pattern is repeating itself in the 2nd wave at different degrees of the long term uptrend. If so, an idea to the target could be around the 78,6% retracement of the entire rise since Dec 2018.
And as it happened after 2011 and after 2016, after this crash a very strong and long lasting rise will also take us to a trip to the sky...
Or not.
