If price can hold the green support/ 0.618 Fib retracement / 1.618 Fib extension
there is a chance for an next impulse in either
wave C (wave 4 not complete)
or an wave 3 (wave 4 complete)
if the next impulse reaches the 1.236 fib extension the highs will be in reach
a large candle or short squeeze above the highs will indicate it will be an wave 3 intermediate and wave 5 primary has already started
for the long term count wave 5 could be extended like in the 2017 bullrun
look for my older post for the extended wave 5 possibility for more details
there is a chance for an next impulse in either
wave C (wave 4 not complete)
or an wave 3 (wave 4 complete)
if the next impulse reaches the 1.236 fib extension the highs will be in reach
a large candle or short squeeze above the highs will indicate it will be an wave 3 intermediate and wave 5 primary has already started
for the long term count wave 5 could be extended like in the 2017 bullrun
look for my older post for the extended wave 5 possibility for more details
Note
looking for a possible expanded flat to end minor 2 at the 1.618 Fib extension and 0.786 Fib retracement and green support 54,5k
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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.