We are in the last C wave of the red ABC and I expect there will be 5 sub-waves, so the 4th and 5th waves are yet to play and I expect he retrace to go till 3500 to 3400 (0.786 Fib)
I'm still expecting a move to 5k after this correction . see linked post
Stay Safe
I'm still expecting a move to 5k after this correction . see linked post
Stay Safe
Comment:
4th wave was short lived and the triangle broke down. 5th wave appears to be in play now. Target remains unchanged for now
Comment:
Trade closed: target reached:
Nice wick and support at 0.786 Fib
