On Week or Month chart there is not enough data to count waves. As two base cases I am considering flat correction or a triangle.
So, what is marked as red B can extend higher.
Daily chart looks like this:
And 3h like this:
3 hour chart indicates that we can expect wave 4 now, comparable to wave 2. In this case, I'd expect wave 4 to finish on the edge of the year somewhere around 110-120.
So, what is marked as red B can extend higher.
Daily chart looks like this:
And 3h like this:
3 hour chart indicates that we can expect wave 4 now, comparable to wave 2. In this case, I'd expect wave 4 to finish on the edge of the year somewhere around 110-120.
Note
I think, it is ready to grow 
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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.