I have doubts yet. I don´t know if 20k is wave (V) or wave (III)m and 6k is wave (IV) or wave (A). 1) If 20 k is wave (V) - waiting BTC at 2k. 2) If 6 k is wave (III) - waiting BTC well over 20k.
After a rally from 107 to 114,7, USD/JPY is in a correction. I believe we can go to 112.3-111.9 before going up again. But this correction can go deeper...
EU got a lot of traders by surprise. After 5 impulsive waves from 1,03 to 1,21 an ABC correction was expected, to 38,2% or 61,8 Fibonacci retracement. The ABC is hapenning, probably a 5-3-5. If this pattern happens, we finished the 5 waves down forming A, and a B is developing. The problem with B is that it can go to a deeper retracement, to levels as high as...
After a impulsive wave, waiting ABC correction to achieve 38,2% and 50% Fibonacci retracement. At 1.259 (38,2% level) - waiting this pair to go high to complete B wave. The ideia is wait B wave ends to short to C at 50 or even 61,8%.