Reddish rectangle over 2.9 usd to almost 3.9 usd is the target for a present incline.
lower rank correction should over soon, another incline days ahead. Smaller rectangles are initial typical ranges.
Sequence of downward waves should be over at this point. I await the bottom to be confirmed soon and then a significant rally to reddish rectangle with prior closure of a gap.
Raising sequence is evolving, (iii)/5 wave to occur now.
(v) wave to be reached. Waiting for an incline to 2.2-3 PLN range.
Bullish sequence is proceeding. Another portion of waves up shall occur in following days.
We over 3rd wave rally, now expansion of 4th wave is evolving. Lower rectangle is the range of typical correction. Latter I am expecting another round of rally.
Accumulation period shall be close to the end soon, then major rally up shall occur.
A few months has passed and accumulation period shall be close to over, next step would be a rally to another ATH.
(iii) wave is over, (iv) wave shall be over as well. Now we are to be in a (v) wave which upward range is approximately 5-5.7 PLN.
Bear market seems to be over, but still needs confirmation in D1 timeframe. First initial wave up with its correction shall be over now, though incline to 20-24 PLN level are now expected. In general D1 timeframe upper rectangle range shall be reach in a few months.
Need a push soon to prove bullish trend scenario, when we move over (i) wave high we shall experience a serious momentum up.
After a enourmous rally of (iii) wave we are consuming all the speculation by creating (iv) wave. We shall decrease to approx 48-50 PLN range before another round up.