Leading diagonal as 1 of (5), retrace to 8k, then 9k
Hello guys,
Here is my chart to day, the forming wedge could easily be a leading diagonal, as 1st subwave of intermediate (5).
The retardement of 2nd subwave should lead us to the 8k level, which should provide some support.
Note that 0.618 to 0.786 is 7900-8000.
We should then see a run to the 8800 levels as 3rd wave.
The final target is 9000.
Please wear protection as we saw many failed wave 5 these last times.
Cheers
Z
Here is my chart to day, the forming wedge could easily be a leading diagonal, as 1st subwave of intermediate (5).
The retardement of 2nd subwave should lead us to the 8k level, which should provide some support.
Note that 0.618 to 0.786 is 7900-8000.
We should then see a run to the 8800 levels as 3rd wave.
The final target is 9000.
Please wear protection as we saw many failed wave 5 these last times.
Cheers
Z
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