No $2000, target $35,000 or $55,000
Updated
See attached drawings.
Comment
Comment
I really can't look at it anymore.Comment
Usually in a five-wave structure, the four-wave is an important point of retreat. But if the fifth wave of the structure is extended, the second wave of the extended fifth wave becomes the most important point. This is the first evidence to support 3200 rather than 2000.Comment
The position of 3200 was withdrawn by 38.2%. In 2000, 50% were withdrawn. As the fourth wave, is it not clear which withdrawal is more reliable? This is the second evidence to support that 3200 is the bottom.Comment
In addition, in the daily chart, the long-term average 210 (never touched before) is just below 3200. This is the third evidence.Comment
Finally, wave C retreat has emerged from a five-wave structure.Comment
You can wait for 2000, 2000 is certainly better than 3000, if you really have the chance to wait until this happens.3000 is not worth a penny? Don't be kidding.
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