figured it out. it's a simple zig-zag correction.
fib channels line up nicely, and we just completed 5 waves down into wave (A)
wave 3 saw an extension which caught me off-guard, but it resolved itself nicely at the end there.
currently working on the mean-retracement into wave B
before a move down into wave C to about 48k
down there i'll be a bigger buyer.
will work on figuring out the upside target when the time comes, for now let's let this play out and take it from 48k.
fib channels line up nicely, and we just completed 5 waves down into wave (A)
wave 3 saw an extension which caught me off-guard, but it resolved itself nicely at the end there.
currently working on the mean-retracement into wave B
before a move down into wave C to about 48k
down there i'll be a bigger buyer.
will work on figuring out the upside target when the time comes, for now let's let this play out and take it from 48k.
Order cancelled:
we hit the target, but my indicators don't line up for a move up right now.
not buying this.
not buying this.