Quick plot to capture a beautiful Fib series. 9.618 is often the 'Ender' of of strong waves. 5.618 is the important resistance right now.
Elliot Waves are a bit flexible (un-predictable). We MAY have completed all 5 waves of Impulse. But that last spike with followup looks continuous.
So lets see if we get a wave 5 yet or retreat hard from here. Chikun has been leading the pack for a couple of months now. Watching for how much energy remaining - 9.618 would be impressive.
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5.618 gone, now the 6.618 is barrier
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Trying to get going but that pesky 7.236
Zoom I am in awe every day with such granular bands of energy in asset prices and human brains.
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Nice pop of the 7.236 with momentum
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Ping ....
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Nice pop to Band 9. $54 is the key price to watch right now
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Target hit but I dont think we are done yet. Trailing a stop now.