in this timeframe, we can see that wave 4 of wave V was a pullback on the 61.8% fibonacci retracement of previous wave C (for me it's a sign of continuation). furthermore, around 4740 points, there's a fibonacci cluster (100% & 161.8%) just perfect & certainly significative i think. moreover it seems that higher bollinger band (in strategic timeframe) will be near of this fibonacci cluster when (if...) price go till this target.
hidden divergence & trend line on momentum indicators (short RSI & Stochastique) are confirming my point of view
PS / sorry for my poor english, i'm a french guy. I will try to improve it
hidden divergence & trend line on momentum indicators (short RSI & Stochastique) are confirming my point of view
PS / sorry for my poor english, i'm a french guy. I will try to improve it
