very much new to TA, looking for critique
looking at ending wave 4 around 33k to 34k with 5 waves down comfirming a running flat
moving to the upside with continuation with overall wave 5
looking at ending wave 4 around 33k to 34k with 5 waves down comfirming a running flat
moving to the upside with continuation with overall wave 5
Trade active:
bottoming targets and running flat still valid for a move to wave 5 top of cycle
$51200
$47000
$41000
$33350
$51200
$47000
$41000
$33350
Comment:
S/R levels playing out in the fib levels provided
$32853 would be a perfect 1:1 of previous A
We are currently in the support levels of the May to July crash and this will be the best time to develop a bottom
Correction almost completed IMO
$32853 would be a perfect 1:1 of previous A
We are currently in the support levels of the May to July crash and this will be the best time to develop a bottom
Correction almost completed IMO
target 3 $1000.00 off
target 4 is still in play for a final wave 5