looks like we've confirmed this impulse quite eloquently, and i think we can all agree on that together.
this is my current projection as of this morning, and the one i am willing to trade with confidence.
sub wave 3 target: 43~45k
sub wave 4 target: 39~37k
sub wave 5 target: 47~50k.
this should put in wave (1) on a higher degree; after which we should in theory see a 0.618% retracement of this entire move into wave (2) on the higher degree.
that wave (2) algo target is beautifully in confluence with a retest of the bigger bull channel which is at play, it's also the strongest area of demand in this current visible range.
this is my current projection as of this morning, and the one i am willing to trade with confidence.
sub wave 3 target: 43~45k
sub wave 4 target: 39~37k
sub wave 5 target: 47~50k.
this should put in wave (1) on a higher degree; after which we should in theory see a 0.618% retracement of this entire move into wave (2) on the higher degree.
that wave (2) algo target is beautifully in confluence with a retest of the bigger bull channel which is at play, it's also the strongest area of demand in this current visible range.
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