If the last bottom was the final bottom, we could see WHL trending upwards for a long time
Larger timeframe almost retraced to the .618 fib level
Latest uptrend saw 5 waves up, indicating pattern reversal
Currently, I believe we are in wave C of the retracement, meaning we can retrace +-10% to reach .618 fib level.
Keeping a close eye on this one
Larger timeframe almost retraced to the .618 fib level
Latest uptrend saw 5 waves up, indicating pattern reversal
Currently, I believe we are in wave C of the retracement, meaning we can retrace +-10% to reach .618 fib level.
Keeping a close eye on this one
Comment:
Wow, fast drop to perfectly reach the .618 fib level.