Update to this idea >
Looks like wave 2 (or B) has completed now in the start of either wave 3 or wave C.
If wave C of correction then may bounce and a new high from the 57$ level.
If wave 3 then the 1.618 extension is at 53$.
I prefer the 5 wave impulse move as it fits my larger timeframe view here >
Looks like wave 2 (or B) has completed now in the start of either wave 3 or wave C.
If wave C of correction then may bounce and a new high from the 57$ level.
If wave 3 then the 1.618 extension is at 53$.
I prefer the 5 wave impulse move as it fits my larger timeframe view here >
Comment:
Reached 1:1 extension