It was a good run, but now oh it's over now.... Zig zags are happening now. C Wave inbound we believe and we are going down.
Remember, this is not financial advice. You must do your own research and carefully make decisions for yourself by yourself. We love TA and do not provide individually tailored financial advice, or financial advice period.
Now that aside, Fibonacci in crystal clear green and invalidation noted, as always, in red. Good luck out there.
Trade closed: target reached
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First target reached 15 th of June
Trade closed: target reached
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Second target reached 18th of June
Trade closed: target reached
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Third target reached 19th of June. Fractals never lie.
Overlapping waves in your wave 3. That is nonsense.
Rykin_Capital
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@Barkworth, Thank you for writing back to us. Your opinion is very important to us. Have a nice day!
Barkworth
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This has upside. I'm not sure if IV is done, and if so, with this kind of price action, V isn't guaranteed to extend much.
Rykin_Capital
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@Barkworth, hmmm. I tend to agree. There is no evidence that IV is done, and, yes, like you point out - after a quite large III, there is likely to be little steam left for the remaining V. Your view is more longterm, and I think it has merit. Mine, above, is more short term and is banking on IV not yet being finished. Something you concur with by the way.
Barkworth
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@Rykin_Capital, If so, then you should move your 3 to where your 5 is.