Description
⋅ CPSEETF - Wave Count
Wave 0 = 11.54
Wave 1 = 19.59
Wave 2 = 15.65
Wave 3 Target = 1.5 or 1.618 * (Wave 1- Wave0)
= 1.5 or 1.618 * 8.05
= 12.08 + Wave 2 ( 1.5 times )
= 12.08 + 15.65 = 27.73
OR
= 13.02 + Wave 2 ( 1.618 Times)
= 13.02 + 15.65 = 28.67
Wave 5 Range :
If retraced to 0.5 :
0.618 = 29.28
If retraced to 0.236
0.618 = 32 approx.