1. We made waves down for the wave A and now tested the low of wave 1 for a B and we will now make a wave C downwards before the big move up. This will be off the table when we break the 3.67 to the upside and bring us to possibilitie 2.
2. We just try to finde the bottom of a right shoulder or a handle at the 0.5 fib. Then a sick move to the upside.
Let me know what you think.
Trade active
From here we go up to finish wave 3
Trade closed: target reached
5 waves down complete to finish the C. It didnt hit the 0.66 level. For now the 0.81 level looks like solid support. I jump in and put sl below. Good luck.
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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.