We are in the last C wave of the red ABC and I expect there will be 5 sub-waves, so the 4th and 5th waves are yet to play and I expect he retrace to go till 3500 to 3400 (0.786 Fib)
I'm still expecting a move to 5k after this correction . see linked post
Stay Safe
I'm still expecting a move to 5k after this correction . see linked post
Stay Safe
Note
4th wave was short lived and the triangle broke down. 5th wave appears to be in play now. Target remains unchanged for nowNote
Trade closed: target reached
Nice wick and support at 0.786 Fib
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Follow me for more updates
twitter.com/imkeshav
youtube.com/channel/UCskbBdZstBUQ_4y2o912zzw
twitter.com/imkeshav
youtube.com/channel/UCskbBdZstBUQ_4y2o912zzw
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.