Why do I think so:
The overthrow of E in the triangle would drop it right down to where the gap is.
Coincidentally… if CD retraces by .618 of BC . Then as we know what the typical . of B-C targets are XXX, XXX and XXX putting E right at the gap close.
Also notice the 3 wave nature of each leg, making it a 3-3-3-3-3 Triangle.
As of right now, I don’t want to reveal what typical targets are as they are proprietary information, but feel free to figure them out or contact me if you want to learn $$.
*Note: This does NOT mean BTC is nor . I cannot predict the future, I just read what’s in front of me and determine what the high probability moves are. No one is right 100% of the time, make sure you manage your risk correctly.
Published at Sun, 03 Nov 2019 00:27:06 +0000