Looks like we finished the wave 5. (last post)
I wonder if we do start the bigger correction now or do move back up from here and make new highs.
HTF Potential Target : 30K (0.382 fib)
I wonder if we do start the bigger correction now or do move back up from here and make new highs.
HTF Potential Target : 30K (0.382 fib)
Kommentar:
It is looking corrective on the subdivisions but inside some kind of rising wedge/triangle. (not what I expected since wave 2 was not deep/short.)
Kommentar:
This looks more like it.
Overall the structure is not looking bearish and I do expect a break out to the upside soon.
Overall the structure is not looking bearish and I do expect a break out to the upside soon.
Trade geschlossen: Ziel wurde erreicht:
We did get the big correction after all, right in the green box *Magic*
But its a really complex one and not getting the initial sell pressure I first expected.
we have not reached any significant fib level yet.