Still could push higher before a larger correction, the last subwave 5 only hit the .5 Fibb Ext, may not be over.
However if it corrects to the .5-.382 fib for the move from 5880-7300, then targets should be close to 8500 for the next larger subwave 3. Subwave 5 could take us close to 10k Ending major wave 3 retracing no lower than 8500 (unless subwave 3 fails). Then Major wave 5 could double top or push a little higher.
So far we're looking good.
However if it corrects to the .5-.382 fib for the move from 5880-7300, then targets should be close to 8500 for the next larger subwave 3. Subwave 5 could take us close to 10k Ending major wave 3 retracing no lower than 8500 (unless subwave 3 fails). Then Major wave 5 could double top or push a little higher.
So far we're looking good.
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Like I said, it wasn't over, it went up another 34.5$ However now I believe the large retracement is going to happen. 6.6-7k Range at-least. Then, 8500 range is coming.
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