Since micro wave (circle) 3 was less than 1.618 * wave 1 we should expect micro wave (circle) 5 to extend. A target of 302 is possible which is 1.618 * net(1~3) for wave (iii). Note the alternation between waves 2 and 4: shallow/deep retracements
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.
