I believe the wave 5 will be complete around 78 fibonacci level
reasons : 1 was extended and 3 cant be the shorter, so 5 should be shorter or equal than 3
if 5 reach 100 fibo level then 3 will be the shorter impulse which is wrong, thats why i believe 5 is almost done.
also price is forming divergence and the momment looks slow
then price should start the correction abc
what you think about this count?
reasons : 1 was extended and 3 cant be the shorter, so 5 should be shorter or equal than 3
if 5 reach 100 fibo level then 3 will be the shorter impulse which is wrong, thats why i believe 5 is almost done.
also price is forming divergence and the momment looks slow
then price should start the correction abc
what you think about this count?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.