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RE: Crypto Contest August 6: Golem
This is a great setup, and I think it will eventually take out the April 30. Nonetheless, I am having trouble understanding the concept of timing, as it took about a month from previous similar price levels. Maybe it's an Elliot Wave thing :)
I believe your timing is spot on. The wave three should be the most powerful wave, but sometimes (and quite often) it can also take the longest time to complete.
Thanks for spotting it... 1:4 risk/reward ratio which is very hard to find... really worth looking further into!