Wave 5 of 3 is probably completed or will be completed at the 0.618 fib (RSI DIVERGENCE, the divergence between wave 3 and wave 5 is an early sign of wave 5 completion ) .if price breaks 2.63 up then wave 5 end will probably be at the next 0.786 or 1 fibo levels, if that happens then you will need to adjust wave 4 targets accordingly . The higher wave 3 is extended the deeper wave 4 will retrace down .
The reason i posted this early because wave 4 is very tricky and many traders account gets liquidated . the second reason is to enter wave A of 4 early with minimum stop loss (good RR ).
Good Luck .
The reason i posted this early because wave 4 is very tricky and many traders account gets liquidated . the second reason is to enter wave A of 4 early with minimum stop loss (good RR ).
Good Luck .
yellow wave 4 correction will be more deeper