This one looks like a complex correction. Momentum dropping, overbought, X wave looking formation done. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere...
Drawing a flat here post impulse, using Wave A to predict the outcome for Wave C with some reasonable goals in purple. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing...