Cartesi Load Up Time

A higher high on cartesi makes me think that this log consolidation is signalling an end. The launchpad has been built, but it may need to be tested once more before launch. See the fractal for what I'm thinking. if this pullback materialises I may have to double my position. Good luck!

This pullback may be supported at the top of the triangle, or may pull back further.. let's watch.

Kommentera:

W1 complete? let's see! I think that this impulse will likely not see the ATH and as such most will call it immature.

Remember, it's not about what we think, it's about what others think.

So in line with the EW theory, this could complete W1 and present another great buying opportunity... W2 'disbelief' correction is the most severe (sub 1.00??)

W3 will be the strongest 'participation' phase. Where I will re-employ my money, if it happens at all.

Kommentera:

Feeling stronger conviction about finding a floor near 1.00-0.95