Following fifth extended wave, the ensuing correction can find support at wave 2 of extended (5)th @ 1177.x
1177 is also a target for (c) = 1.618 (a)
Another reversal zone might be @ 1170.x - head and shoulders target and low of wave (4), but I think it is less probable.
1177 is also a target for (c) = 1.618 (a)
Another reversal zone might be @ 1170.x - head and shoulders target and low of wave (4), but I think it is less probable.
评论:
Good point if you're considering taking short position with tight stop
