Well we did not hold my stop-loss from my last post (Linked) so
I am looking for an ending C wave target I calculated from Wave A & B at the Fibonacci Level of 1, 1.236, and 1.382, and 1.618 (as shown).
The C wave will be the beginning of a new 5 Wave sequence and C will then become Wave 1.
That is scenario #1
We could continue to slide towards the "Dead Zone" which is from the Top of Wave 1 of the 5 Wave sequence when we reached all-time highs.
I have put a stop on the chart just in case this happens.
Cheers,
-AB
Dagangan ditutup: hentian tercapai
Dagangan ditutup: sasaran tercapai
Penerbitan berkaitan
Penafian
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Penerbitan berkaitan
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
