CRO AnalysisTech idea:
(Larger Degree)
Wave 2 : 0.382x Retracement of wave 1
Wave 2 : Flat /// Style : Sideways
Wave 3 : TBD
Wave 4 : TBD /// Style: Alternation (Sharp)
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(Lower Degree)
Wave 2 : 0.382x of wave 1 /// Style : Sideways
Wave 3 : 2x of wave 1
Wave 4 : 0.382x wave 3
Wave 4 : Zig zag /// Style : Sharp
Wave 5 : "1 parity projection" of wave 1 from 1-4
Base channel : Green
Termination channel : Red
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Summary : I want to see a break of
this next high and want to see a reaction at
either the "Median" or
at the "Higher boundary" of the "Termination channel"
with confluence to the "Fibonacci extension"