Wave 4 extreme (ABC) reached the typical price target level. We have two confirmation levels marked on chart that needs to be broken up in order to confirm wave 4 completion . the first confirmation is the break up of previous wave 4 high and waiting for the second confirmation to happens at wave B high.
in addition , ChandeMo Momentum is currently up and the EWO is above 0 and both confluences supports that wave 4 is completed .
In this scenario we assume wave 5 as an impulse 5 waves up but this could change later since wave 5 is usually forms as an ending diagonal . wave 5 projections are on chart
Good LUck
in addition , ChandeMo Momentum is currently up and the EWO is above 0 and both confluences supports that wave 4 is completed .
In this scenario we assume wave 5 as an impulse 5 waves up but this could change later since wave 5 is usually forms as an ending diagonal . wave 5 projections are on chart
Good LUck
