$GRAB โ Update: The blue box is in play.
In my last update I outlined the route map:
Wave 5 of (C) likely completing inside $3.43โ$2.74.
Price is now inside that zone.
This is where I start scaling in โ not all at once.
๐ Levels I'm watching inside the box:
โ $3.23 (61.8% Fib)
โ $2.99 (78.6% Fib)
โ $2.74 (100% extension)
๐ข Bull case โ route map if the low forms here:
โ $4.26 (first resistance)
โ $6.56 (Wave (i) high)
๐ฏ First target: $9.77
๐ฏ Second target: $19.43โ$12.70
๐ด Alt count:
Only active if $4.26 breaks but $6.56 doesn't hold. Then a deeper w-x-y correction toward $2.49 stays on the table.
โ Invalidation: sustained break below $2.20
Plan posted in advance. Plan executed. That's the difference.
Not financial advice. DYOR.
#GRAB #ElliottWave #LogLinear #Fibonacci #TechnicalAnalysis #Stocks