So price almost hit the ideal target level Fibo 61.8 only a few usdt missing also in the same point is a lower wedge line so we have two strong reasons for a reversal now!
Ideal correction is fibo 61.8 and + some over for me but In this case, the lower wedge line is also here what is very strong support area now what is many traders waiting for!
It is possible a fakeout or stops grabber now, in that case, we will have our ideal correction level!
Also what I must mention that I can not see clear 5 wave formation in the last few waves so story is maybe still not finished to the downside!
Ideal correction is fibo 61.8 and + some over for me but In this case, the lower wedge line is also here what is very strong support area now what is many traders waiting for!
It is possible a fakeout or stops grabber now, in that case, we will have our ideal correction level!
Also what I must mention that I can not see clear 5 wave formation in the last few waves so story is maybe still not finished to the downside!
Let's maximize our probability the rest is only question of risk management!
DISCLAIMER
Taking a risk on the markets based on this idea is only and only your decision. You profit is your success and you are only responsible for your potential loss.
DISCLAIMER
Taking a risk on the markets based on this idea is only and only your decision. You profit is your success and you are only responsible for your potential loss.