New high 3050+ expected. Stop loss below 2600.
Prehistory and analysis of 4th wave - at Related idea.
Prehistory and analysis of 4th wave - at Related idea.
Commentaire:
Up or down? Up expected.
Commentaire:
Target 2900 reached. A correction may occur: Long 2835, 2800
Commentaire:
Wave (iii) approaches the target 3000+. There is also a confluence of resistances. Prices are rising under the yellow trendline, so can happen a short-term correction, eg., to 2900.
Commentaire:
Looks like 4th (iv) wave happens now:
Commentaire:
Likely near is the end of the up trend: (i)-(ii)-(iii)-(iv)-(v) structure broken, may be 5th wave completed.
Stop below wave (ii) (2700).