Final wave 5
Wave 1 - standard impulse (i)
Wave 2 - WXY (ZZ variation) (ii)
Wave 3 - Extended to 2.618% (iii)
Wave 4 - Flat wave 4 (Rule of alternation met)
Wave 5 - 1 vs 5 = 100% and 3 vs 5 = 0.618% (Key Fib termination points as defined in EW)
From the high (v)
Wave A - ZZ down
Wave B - Complex Flat retrace between 0.618% and 0.786% of Wave A.
Forecast
Wave C to start very soon, if not now!
Wave 1 - standard impulse (i)
Wave 2 - WXY (ZZ variation) (ii)
Wave 3 - Extended to 2.618% (iii)
Wave 4 - Flat wave 4 (Rule of alternation met)
Wave 5 - 1 vs 5 = 100% and 3 vs 5 = 0.618% (Key Fib termination points as defined in EW)
From the high (v)
Wave A - ZZ down
Wave B - Complex Flat retrace between 0.618% and 0.786% of Wave A.
Forecast
Wave C to start very soon, if not now!
Comment:
Comment:
Wave 1 and Wave 2 of C looks complete so expecting wave 3 of C to really push down today so expecting a brutal Friday today!