2nd wave of 3rd wave. Mid-long term is bullish, after this correction we will see explosive uptrend moves.
Short position around 26.5 when we could see the impulsive exhausted.
After that target to look for is 16 for 0.618 of the whole impulse. Then the 3rd wave will go beyond this impulse, and first expected target would be +40
Short position around 26.5 when we could see the impulsive exhausted.
After that target to look for is 16 for 0.618 of the whole impulse. Then the 3rd wave will go beyond this impulse, and first expected target would be +40
Trade closed: stop reached:
5-5-1 wave unfolded extended. See related idea.
