Retraced to 382 fib of the preceding move. Target for upcoming 5th wave is in the 2k range(green box).
Targets for 5th wave often 618 of wave 1 and 3 combined as it is here.
Targets for 5th wave often 618 of wave 1 and 3 combined as it is here.
Commentaire:
So the C leg was not done, my bad. Still valid idea. As you can see in the snapshot we have reached 1.618 extension of leg A which again is classic length of the C in a ABC correction. Wave 4 often reaches between 0.382 and 0.5 fib as this is now.
