As seen on chart Wave 2 is taken from 34850 showing the beginning of Wave 3
Assuming Wave 3 is being extended its final 1.618 target is 38603
Sub Wave iii is currently over @ 37085
As shown Wave iv could be over @ a 0.236 retrace where Wave v would finish at 0.618 @ 37650
If Wave iv continues its max retrace is at 0.5 levels @ 36240 levels making wave v min target at 0.618x @ 37230
Assuming Wave 3 is being extended its final 1.618 target is 38603
Sub Wave iii is currently over @ 37085
As shown Wave iv could be over @ a 0.236 retrace where Wave v would finish at 0.618 @ 37650
If Wave iv continues its max retrace is at 0.5 levels @ 36240 levels making wave v min target at 0.618x @ 37230
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.