There is a possibility that wave 3 of wave 5 of Wave C in Wave 4 has been completed. We can wait for wave 4 to bottom and long again. I don't expect price to climb much further. You can check the momentum at Weekly tf. Bearish momentum is obvious at weekly tf.
Note
I've re-checked the wave count with fibo projection using tf lower than 1H, the wave plot for wave 1 & 2 have been revised: Wave 3 of 5 indeed achieved 113% (yellow fibo) of wave 1. Let's see where will be the plot for wave 4 base on the turquoise fibo levels. Once wave 4 if confirmed, we can forecast for wave 5 of 5 and double check the target with the white fibo levels.
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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.