This spike was a "dead cat bounce" in wave 4.
The wave 4 could extend more to make double or triple three.
The target based on the current top in wave 4 offers the target in wave 5 at $10.
There is a 38.2% of wave 1-3 in wave 5.
The wave 4 could extend more to make double or triple three.
The target based on the current top in wave 4 offers the target in wave 5 at $10.
There is a 38.2% of wave 1-3 in wave 5.
Comment:
This the anatomy of wave C of wave (4)
it could hit between 29.80 and 30.20 where 38.2% of wave 1-3 ib wave 5 of C and 1.272 of wave A in wave C.
Comment:
Trade closed: target reached:
Just collapse of the market - no buyers
