after we hit 56k (B) and then hit 44-41k (C) the correction wave will end and wave 1 will break triangle and retest successfully our target will be 100k i would advice to adjust sl . to 75k after we form wave 3 just incase we don't successfully reach our target of 100k
after that the 5th big wave would have ended, it will sadly be the end of this bull run, and we will get a big corrective wave to approximately 22k which need approx. 3-5 months to finish forming the 5th wave and the big corrective ABC wave heading towards 22k
and the number 22k is based on the fib extension taken from wave number 1 (3.9k) to wave 5 end (100k) the number 22k is based bettwen the 0.618 and the 0.786 fib
trade safe guys and share with your friends to let them know
after that the 5th big wave would have ended, it will sadly be the end of this bull run, and we will get a big corrective wave to approximately 22k which need approx. 3-5 months to finish forming the 5th wave and the big corrective ABC wave heading towards 22k
and the number 22k is based on the fib extension taken from wave number 1 (3.9k) to wave 5 end (100k) the number 22k is based bettwen the 0.618 and the 0.786 fib
trade safe guys and share with your friends to let them know
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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.