Foreign [Music] T qnt so yeah it's starting to look Interesting here Um so the pattern as I have it on the Chart does not work out anymore The only way to still maintain the idea Of a triangle Um which would eventually lead to Another sell-off would be if I move the Wave e here to the most recent Peak at 125 dollars but I cannot keep it up Anymore if we break Above 126. So as I Said to you before if we break above 126 I have to assume that a low has been Made at least with a higher probability And if we then get above 135 yeah the Wave a high here then we can really say Yeah with a high likelihood the low was In at the moment we can still look at This as a triangle I'd like to just wait A little bit before confirming that the Bottom is in here because it could still Be an elite wave triangle Just one that is pushing up quite quite Strongly Um but yeah if we get above 126 and then 135 we have to assume that the low has Been made here Also wouldn't be a problem even though I'd like to see one more low here but it Wouldn't be a problem because we have Very nicely reached and reversed in my Support area here so scenario would be
Fulfilled ideally I would have liked to See one more leg but if we push higher Here then it most likely means that we Have seen here a so-called one two setup Then here probably another one two setup And that we are now in a third wave to The upside there will be a fourth and a Fifth So Basically just to show you One two three four five and that this in This third wave we can then create some Yeah some momentum some fomo yeah um Target for this third wave I can give You that as well So we take the height of the wave one go To the low of the wave two and then we Talk about 148 dollars for this third Wave Then there will be a fourth and a fifth Yeah maybe in the region 167 273 and all of that would then be part Of this larger third wave anyway yeah Which would medium term be completed Somewhere up there around 380 dollars so That's all fine I think there's now a Potential that a low is in uh with the Latest push to the upside but it's a bit Too early I would like to wait a little Bit get a bit more confirmation before I Confirm that the low has been made we Don't want to make these calls Um when they are not relevant yet well It's relevant but when they're not
Confirmed yet just as at the moment I Think you need to know but you know that Anyway if you've watched my videos that Of course at any moment when we reach The support and Trend reversal areas the Price can reverse you know wouldn't be The first time that you know the elite Waves suggest there could be another low But there just simply wasn't one because As I said to you before it could very Well be that this was the way for that This was the wave 5 and we're actually Moving up the point is just that this Was not yet impulsive for me or Impulsive enough to really confirm it so The moment just means a bit of wait and See and being passionate passionate Patience patient yeah and passionate Maybe but now we be patient and um just Wait for a little bit more confirmation But yeah this could very well be a want To set up here another one two setup and We had basically since the 9th of November to add positions Um for anybody who wanted to right this Was the trend reversal area and um That's basically as much as you can Actually specify it you know there are Limits to TA you know you can't you you It's not a crystal ball it's a road map That's what it is and um it's important To understand that if we break these two Levels here with a higher likelihood Hello has been made and then the overall
Scenario would have been fulfilled over One two setup and we could break out in A wave three to the upset exciting times I'll keep watching this and make you Aware if things change okay and that's My update about fund hope you like the Update if you did please hit the like Button leave a comment and subscribe and If you really like the content then Please check out the channel membership Thanks a lot for watching bye [Music] Thank you