Rather misty chart I know... Lots of notations on chart but i'll break it down into one thing...
further up......in a slow pace - fits with summer vacation coming up.
Price action has made a possible IHS. With target around 1960. Here comes also the 4.168 fib ext. of the high of wave i in the the final 5th of 5th in major wave (3 or C).
At the same time price have mad an ending diagonal (ED) - the Green line are the longer term. There is also a narrower ED with line going through the last 3 top. (pink color) .
It's all possibilities ... where it all ends... Your guess is as good as mine.
When in doubt... stay out... that will be my advice!
Time will show.... as always
Safe trading ladies and gents!
@BLawrenceM
I'm more often on twitter with updates.... so follow me there!
further up......in a slow pace - fits with summer vacation coming up.
Price action has made a possible IHS. With target around 1960. Here comes also the 4.168 fib ext. of the high of wave i in the the final 5th of 5th in major wave (3 or C).
At the same time price have mad an ending diagonal (ED) - the Green line are the longer term. There is also a narrower ED with line going through the last 3 top. (pink color) .
It's all possibilities ... where it all ends... Your guess is as good as mine.
When in doubt... stay out... that will be my advice!
Time will show.... as always
Safe trading ladies and gents!
@BLawrenceM
I'm more often on twitter with updates.... so follow me there!
