ShibArmy! Chart by Commander CryptoKnee ShibArmy Reserve. 28OCT

Nailed the Ending Diagonal entry from last nights chart! Now im seeing a zig zag down and a zig zag up. the 3rd move is a bit questionable atm. Could still be multiple things, most are corrective, with a Leading diag being the most bear, atm, MO. The 2nd ZZ did hit the .80 fib retracement of the 1st, so dependent on your wave B/X fib retracement allowance could be a flat or sideways combo. BUT, I personal would perfer another simple contracting triangle here. but its is depends on how this 3rd move plays out and where it lands. We could still break the high here and still be in a corrective structure, running/expanding flat or triangle variant. SO hopefully this next move provides some clarity. Would like to see something proportionate to the wave to, or else I will get a bit sus as to wtf. The most resent retrace was swift and a bit deep, so that may have been the wave 4, but again will have to see how this current move plays.

Kommentera: