We have compleated 5 sub-wave structure and finished 3rd wave.
Everything going just as i tought, after finishing 3rd wave we will retrace to/around fibonacci 38.2% lavels and i will lot for entry in green box $10150-9975 for last wave 5.
My first target for wave 5 is located just below fibonacci -23.6% and second below fibonacci -61.8%, however i think that we will see huge wall at $12000 and i just dont see passing that number and geting to second target.
After completing 5 wave structure we will see A-B-C retracement (small downtrend), will update levels once i know exacly where 5th wave ends. it will be VERY important to stay (after ABC retracement) above peak of first wave ($9081) to ramain bullish, if it fails we will test main support around $6500 again.
Good luck all !!
Everything going just as i tought, after finishing 3rd wave we will retrace to/around fibonacci 38.2% lavels and i will lot for entry in green box $10150-9975 for last wave 5.
My first target for wave 5 is located just below fibonacci -23.6% and second below fibonacci -61.8%, however i think that we will see huge wall at $12000 and i just dont see passing that number and geting to second target.
After completing 5 wave structure we will see A-B-C retracement (small downtrend), will update levels once i know exacly where 5th wave ends. it will be VERY important to stay (after ABC retracement) above peak of first wave ($9081) to ramain bullish, if it fails we will test main support around $6500 again.
Good luck all !!