This wave has five waves We have completed the first, second and third waves, and we are now in the fourth wave directed upwards First goal 44113 Second goal 44333 Third goal 44705 Then it falls again to complete the fifth wave and is calculated after achieving and completing the fourth wave objective The fourth wave will be ABC
Suppose we are in the ABC Wave Wave A was five descending waves from 46700 to 44589 The wave B has three waves from 44589 to 45906 The wave C will be five bearish waves First goal 44120 The second goal 43313 Third goal 42009
We talked in a previous analysis about the end of the bullish wave and now we will try to follow this descending wave from the top of 46700 The first wave from 46700 to 45300 The second wave from 45300 to 46171 Now it looks like we have entered the third wave and I think we are targeting between 44000--44400 or the lower price channel line
We have previously indicated that we are at the end of an uptrend that targets 46829 . This is the bullish wave analysis on the watch to clarify the matter
The trend is still in an uptrend unless it breaks the painted ascending channel. So, if this ascending channel is not broken, the target is at the level of 46829K. We must be careful, we are at the end of an ascending wave, specifically in the fifth wave of it, so we must be careful. After reaching the target 46829, there will be a decline.
Back to the details of the fourth wave So far, we find that it is the ABC of wave C of the fourth wave. It can be the length of the wave A or extend to 1.618 to 2.618 as shown in the drawing
The fourth wave of the C wave, followed by the last bearish wave, and the completion of the C wave In my opinion, it could be between 24400 to 2300 as the end of the downward wave The fourth wave and the current rise achieved its minimum at 30856 on Fibo 23.6 The highest point so far was 30,942 This wave, in my opinion, has been achieved at the minimum level, and...