target for Wave 5 4550-4600
Wave 3 < 1.62 X Wave 1 only 17% of time. When this happens Wave 5 usually 1.62 X Wave 1. Target for Wave 5 3100-3250 more accurately determine the goal can be after the formation of sub-waves 1-3
target the same
Target. 2950 - 3150 Period 27-47 bars on 15min time frame. (6-10 hours) . To improve the accuracy of the calculation of the target should form sub waves 1-3
Wave 4 may rise to the level of 3550 with a 60% probability, less likely to be higher. If wave 4 ends above 0.618 fib level, then there will be failed wave 5 and its peak is more likely to be less than the peak of wave 3. In this case, we will fall below the peak of wave 3 if an incorrect A-B-C correction is formed (the peak of wave B is higher than the peak waves 5)
In 1W Time Frame you can see the end of Wave 4. Why I think - this is Wave 4 ? 1. start and end of wave 4 is characterized by the intersection of the 0 line on the oscillator MACD 2. If wave 2 is simple then wave 4 is complex Why I think this is the end of Wave 4? ...
As was predicted - a new countdown of 5 waves