We are currently experiencing corrections and at wave 2. We just finished a 5-3-5 zigzag as shown by the ABC and are starting sub-wave 1 of wave 3. Wave 3 is never the shortest and with a 1 to 1 fibonacci extension, we get a minimal target of 528. Sub-wave 1 is a leading diagonal, forming a rising wedge, and will likely retract the length of the opening of the wedge; thus, we get a buy target of 451. 451 is also the 0.382 fibonacci retracement level.
Be patient and wait for a good entry price and ride wave 3 to the moon!
Be patient and wait for a good entry price and ride wave 3 to the moon!
