As you can see in my chart, we have now completed waves 1 & 2. Wave 3 will now begin and I'm expecting the wave to extend to the 1.618 Fibonacci Level or 1.382 at the very least. We had an Irregular correction which allowed Wave 4 to go into the price area of Wave 1.
We have just went through an extended correction which means we will have a strong move once the correction has ended.
Place a stop-loss just underneath of Wave 1.
Stay thirsty my friends,
-AB
*educational only
Comment
BCH Chart is still looking good.
Comment
STOP-LOSS HIT.
BY THE DIP QUICKLY. LOOK FOR REFLEX POINTS, MAKE SURE THE POINT ON THE RIGHT is HIGHER than the POINT on the LEFT. COUNT 5 MINI WAVES + 3 Corrective WAVES
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