Hello Friends,
This is an update from my previous counts. There have been some changes, the waves dictate Fibonacci levels and the waves have created higher targets as indicated on this chart.
I have included possible targets for retracements and placed signals for caution zones that could potentially create a big dump. That also includes keeping an eye on invalidation points. Meaning wave 3 can not enter into wave 1 territory and close below wave 1. If that happens at any time on any level, that is an invalid impulse making it into a complex correction that will most likely bring the price back to test the bottom.
Trade safe
Cheers
This is an update from my previous counts. There have been some changes, the waves dictate Fibonacci levels and the waves have created higher targets as indicated on this chart.
I have included possible targets for retracements and placed signals for caution zones that could potentially create a big dump. That also includes keeping an eye on invalidation points. Meaning wave 3 can not enter into wave 1 territory and close below wave 1. If that happens at any time on any level, that is an invalid impulse making it into a complex correction that will most likely bring the price back to test the bottom.
Trade safe
Cheers
