2nd wave is completed, starting new leg of wave 3 and It's on the up trend.
RSI is still on bullish zone above 48.
So wave 3 could reach 100% of wave 1&2 fib extension at 2nd target.
and we can take profit at 1st target (61.8%).
It should be breaks out the major downtrend line in coming weeks.
Any comments and suggestions are welcome!
RSI is still on bullish zone above 48.
So wave 3 could reach 100% of wave 1&2 fib extension at 2nd target.
and we can take profit at 1st target (61.8%).
It should be breaks out the major downtrend line in coming weeks.
Any comments and suggestions are welcome!