We can see five waves started from 1616
1st wave : 1616- 1682
2nd wave : Shallow Correction 23.6% of Wave 1
3rd wave : 1665-1786 around 180%(1st)
4th wave : also shallow correction upto 1757
Now we have seen 2nd and 4th wave is shallow correction .
There is a high chance to be a extended 5th wave
5th wave Forecast :
If 5th wave extended then 100% (0-3) is @ 1934
If 5th wave normal then 61.8%(0-3) is @ 1860
In both case $100 up from here price 1760.
This analysis is nullified below 1681.
1st wave : 1616- 1682
2nd wave : Shallow Correction 23.6% of Wave 1
3rd wave : 1665-1786 around 180%(1st)
4th wave : also shallow correction upto 1757
Now we have seen 2nd and 4th wave is shallow correction .
There is a high chance to be a extended 5th wave
5th wave Forecast :
If 5th wave extended then 100% (0-3) is @ 1934
If 5th wave normal then 61.8%(0-3) is @ 1860
In both case $100 up from here price 1760.
This analysis is nullified below 1681.
Note
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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.
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.