The wave count of the 5 wave structure from 9.8 K is not finished. We are about to finish wave 3 -likely at around 16.6. When wave 4 is finished we can estimate where wave 5 will end.
Note
the 5 minor waves from 9.8 K completed at 16.2 but it turned out that this was only 1st wave of 5 bigger waves. wave 3 should complete at around 19.8 K - something like this.Note
Updated wavecount.
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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.