Last one was weird, i wasnt exactly sure what to make of the break of channel, but after counting, i realized that wave was probably impulse. Therefore we can expect another wave down for the fifth.
Based on fib wave ratios, I expect this fifth wave to travel to the Green Box drawn on the chart.
I would not short this as the last wave couldve very well been a complex correction, rather I would wait for a buy.
Based on fib wave ratios, I expect this fifth wave to travel to the Green Box drawn on the chart.
I would not short this as the last wave couldve very well been a complex correction, rather I would wait for a buy.