Dan100

Dan100

Possible short targeting wave v of 5. Region is defined by 1.618 retracement of 3 to 4 and 1 of iii to iv. SL at wave iv highs

Dan100

Wave (1) seems complete followed by wave 2 hence targeting wave 3 of 5 of larger wave (3). Take Profit at 1.618 of wave 1 of 3 at 117.172. Still possible to target equal wave measurement of wave (3) compared to wave (1) defined by 2018 high at 117.930. Stop Loss at wave (1) highs which are also wave 1 highs

Dan100

The current set up indicates a possible short targeting wave C of ABC of Y of larger WXY. The region is defined by 2018 & 2019 Lows along with 61.8% Retracement of earlier impulse (Try going backwards on the chart). SL at wave B high with Reward Risk ratio of about 2.5

Dan100

Taking Trend based fibonacci from origin of i and estimating that iii will at least be equal to i (in the larger wave 5) - see my previous image for more clarity. SL at wave ii low.

Dan100

Hi all. It appears the final wave 5 of 1,2,3,4 is forming. Wave (i and ii of v) of 5 seem to have formed. Please see my second image for clarity