IREN — Quan-Entangling ModelQuan-Analysis | Projecting Primary Wave ⓹ Extension📈
As illustrated on the weekly chart below, through the interaction between the support and resistance Rays of both Quan-Structures ➤ Δ and λᵣ, the Primary-degree correction in Wave ⓸ may have further developed into a more complex Flat formation instead of the prior Double Zigzag.
With the newly revised Quan-Structure Δ, the corrective structure remains firmly supported at the defined converging Rays confluence ➤ $32.22, which may now be respected as the extreme point of the entire Primary-degree corrective phase.
By projecting Primary Wave ⓹ as an extension through Ray 2 within Quan-Structure ψ, the defined HPQ Target ➤ $144 🎯 remains achievable into October—representing a potential +333%📈 impulsive advance.
Quan-Entanglement Principle ➤ From my Quan-Analytical perspective, all identified Quan-Structures within a chart frame interact simultaneously to influence price behaviour—defining the direction of corrections, consolidations, expansions, structural formations, and their corresponding timelines.
The degree of each expansion or formation is determined through the interaction of the identified Quan-Structures, as illustrated on the higher time frame.
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