Wave 3rd drops too deep and that's why it's not the pattern ABC but 1-2-3. Likely, wave 4 is now formed (top below 3900) and wave 5 must be expected as wave 1.
Targeting to 2700 area.
Targeting to 2700 area.
Kommentera:
Resistance 3800 broken. Likely, my forecast of 5th wave wasn't successful. But resistances in 3900...4200 area still ahead and and we'll probably get a retrace (not a 5th wave).
Kommentera:
You can see the humble ABC, down to 3460. If price hits above 3740, it will show a strong uptrend. Above 3740 target 4000:
