Lots of people think a new bearish cycle is being started.
This often occurs at the end of a wave 3 and generally leads to a short squeeze (wave 5).
That's why I expect a final wave to come with a target at 2864.
The time boxes match with the previous ones of the last bull cycle with a 2-factor duration.
This often occurs at the end of a wave 3 and generally leads to a short squeeze (wave 5).
That's why I expect a final wave to come with a target at 2864.
The time boxes match with the previous ones of the last bull cycle with a 2-factor duration.
Comment:
Another possibility :
Comment:
Reversal zone reached
