Wave analysis, practice, potential start of wave 3, eyes on the 38, 50, 60.8.
Comment:
We hit the blue fib extension box target and immediately rejected off (profit taking) we might continue up into the original blue zone or retrace back to the new red fibs marked on the chart, I have added a new set of impulse waves in red and a new red zone for the new fib extension for wave 5 target for another possible scenario looking for wave 5 continuation now, once again eyes on the 38, 50, 60.8.
Trade active:
Trade closed: target reached