The drawn initial wedge, maybe as wave 1, or wave a, now we will watch the ascending movement, as wave 3, or wave c, which can pass a distance equal to 1, or 1.618, and higher.
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Comment:
Comment:
Crossing the stop line can not cancel the growth scenario - it's just a sign that we are not in wave 3, but in the wave c.
After completion of which, in the specified goal - further price reduction will take place with the breaking of new lows.
After completion of which, in the specified goal - further price reduction will take place with the breaking of new lows.
Trade closed: target reached
