Because it can't penetrate through Support line down and can add through Resistant 1 placed up, it makes me think that Wave B is not finished
Forecast
This uptrend is expected to break through resistance 2 and to be between 76.4-100% of the placed Fibonacci box, or perhaps do ATH before going down to Wave C.
Trend-Base Fibonacci Time (Ref. Yellow Dotted line)
1.382 - 6 Oct 2021
1.618 - 25 Oct 2021
Stop loss - 40000
Thank you for following
Best Regard
Trader Lv. 1
Forecast
This uptrend is expected to break through resistance 2 and to be between 76.4-100% of the placed Fibonacci box, or perhaps do ATH before going down to Wave C.
Trend-Base Fibonacci Time (Ref. Yellow Dotted line)
1.382 - 6 Oct 2021
1.618 - 25 Oct 2021
Stop loss - 40000
Thank you for following
Best Regard
Trader Lv. 1
Note
Now I think it might end Sub Wave 3 of Wave (C) and form a Sideway between 61.8-76.4% on the Fibonacci Box placed.Trade closed: target reached
Complete
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Related publications
Disclaimer
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.