It's wave 3 or C targeting 100.53 and 99.90
It's wave 3 or C
Based on existing momentum to the sell side, it is expected to be a 5 wave move. Minor wave 3 in Major wave (3 or C) within the box is expected to end at 100.53.
Short positions can be expected at 101.5526 where wave 4 is expected to end.
Wave 5 shall target 100.53 and 99.90.
Self confirm for completion of wave 4 at 101.5526. As wave 2 was a sharp zigzag hence as an alternate, wave 4 can either be flat or triangle.
Let's wait and watch.
Based on existing momentum to the sell side, it is expected to be a 5 wave move. Minor wave 3 in Major wave (3 or C) within the box is expected to end at 100.53.
Short positions can be expected at 101.5526 where wave 4 is expected to end.
Wave 5 shall target 100.53 and 99.90.
Self confirm for completion of wave 4 at 101.5526. As wave 2 was a sharp zigzag hence as an alternate, wave 4 can either be flat or triangle.
Let's wait and watch.
