Hello, and thank you for visiting!
I`ve split this idea into charts for simplicity sake.
1 Chart: We can see that a wave is finished. Following all the Elliott Wave roles, I think this is the right count.
If this is correct, we will see a new wave forming soon.
2 Chart: We can see that some major support is close, if it dips, we may bounce up from there.
3 Chart: Most important, we`ve hit the 0.618 Fibonacci Level. This is the major key.
With all of these in consideration + plus some indicators, I think a new big wave is coming.
1 Target: 0.010618 (1.272 Fibonacci Level)
2 Target: 0.010935 (1.414 Fibonacci Level)
3 Target: 0.011391 (1.618 Fibonacci Level)
If you like this analyze, please comment and/or give me some feedback!
I`ve split this idea into charts for simplicity sake.
1 Chart: We can see that a wave is finished. Following all the Elliott Wave roles, I think this is the right count.
If this is correct, we will see a new wave forming soon.
2 Chart: We can see that some major support is close, if it dips, we may bounce up from there.
3 Chart: Most important, we`ve hit the 0.618 Fibonacci Level. This is the major key.
With all of these in consideration + plus some indicators, I think a new big wave is coming.
1 Target: 0.010618 (1.272 Fibonacci Level)
2 Target: 0.010935 (1.414 Fibonacci Level)
3 Target: 0.011391 (1.618 Fibonacci Level)
If you like this analyze, please comment and/or give me some feedback!
Comment:
Possible break-out is here. This could be the run!