Commdoll conjunction - Wave ( v ) to complete Wave 5
Interesting potential of Wave ( v ) starting at conjunction of:
Test of 1.618 Fib level resistance
Bottom of Wave ( iv ) level reaching its limit at top of Wave ( i ) level
Bollinger Bands extreme being reached
Resistance of 50 Simple Moving Average (on the close)
...to complete Wave 5
Risk / Reward > 1 : 1.5
Test of 1.618 Fib level resistance
Bottom of Wave ( iv ) level reaching its limit at top of Wave ( i ) level
Bollinger Bands extreme being reached
Resistance of 50 Simple Moving Average (on the close)
...to complete Wave 5
Risk / Reward > 1 : 1.5