We probably finished off a Subwave 4 on this one, ready for a push up. Definitely pushing up momentum wise. This one is due for many more gains. As usual, FibGoals are our golden goals. Red is invalidation. NFA.
Comment:
Just thought I would do a quick update. Obviously retraced back a bit, killing quite a few fake fractal starts, which is good. I am not terminating my positions, as its evident we have undergone a subwave 2 (note the Zigzag- typical and a retrace to .786 area). Still have two fractals to see themselves play out, possibly creating more in the process. RSI crossed back from oversold territory, gaining momentum now. www.tradingview.com/chart/oB2F6udC/
Trade closed: target reached:
Taking profits - Fib target reached! Multiple targets obviously reached in that huge pump.