$BTC

X : @Ghx1o

🔶Now that the drop has been confirmed, what is the next destination and how do I deal with the scenarios?

I have 3 possible "movement scenarios" explained below, and remember that having multiple scenarios is an advantage if you know how to handle them.

- My biases are always based on the mood of the chart, not my mood, and building a confirmed view during price movement is a wrong action, but let's see what's available while we observe from a distance without taking any actions we might regret.

Note that we have divergence, but it hasn't given us confirmation yet; however, we should keep it in mind.

Scenario One:

🔹The rise of wave B as a correction after the last five-wave drop to complete the last leg C of the major wave Z.

The confirmation is the break of wave 4 shown on the chart with a green line.

Scenario Two:

Considering that wave X is not yet finished and is of the "flat" type, the price will rise to achieve C and then drop again in a three-wave Z.

The point of confirmation is the break of the fourth wave after its formation.

Scenario Three:

The price is in the process of completing the last wave Z in preparation for the start of a new upward wave.

The confirmation point is also shown.

🔹So how do I deal with multiple wave scenarios?

The current time is for waiting and observing, not for making decisions at all. I will wait until the picture becomes clear and then decide when to increase the quantity.