Coming in close to the end of the correction. This is what I consider the 4th wave.
We can see a breakout level at .225 that price can come back down to retest. This is also where we have confluence with trendlines, and the 61.8 at around .24.
In an ideal situation, we can see price shoot to 2.94 in a matter of weeks. We will see how price plays out.
We can see a breakout level at .225 that price can come back down to retest. This is also where we have confluence with trendlines, and the 61.8 at around .24.
In an ideal situation, we can see price shoot to 2.94 in a matter of weeks. We will see how price plays out.
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Trendlines adjusted. Looks like it's on it's way down to the target area.
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Looking to get in at .20, with stops at .1696
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we're finally seeing that impulsive down move here.
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Bears still at work..
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Fast approaching the .20 mark.
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Almost there. Long entry should be triggered soon.
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Long triggered