How are chances to see a third wave and where could it lead to?
2 minutes ago
I checked the FIB-extensions of Wave 1 and checked which of those got reached with wave 2.
Now I thought to develop a theory - and that´s everything it is - non-fundamental, so take it as an idea which is not very likely to happen, please.
But if there will be a third wave this could lead us to:
TP1: FIB 1.272 (73.7$)
TP2: FIB 2.618 (140.44$)
Trade on your own risk, so do I.
I checked the FIB-extensions of Wave 1 and checked which of those got reached with wave 2.
Now I thought to develop a theory - and that´s everything it is - non-fundamental, so take it as an idea which is not very likely to happen, please.
But if there will be a third wave this could lead us to:
TP1: FIB 1.272 (73.7$)
TP2: FIB 2.618 (140.44$)
Trade on your own risk, so do I.
Trade closed: stop reached:
Nope, free fall instead