If this pattern is an ending diagonal first we wait for the completion of the wave 5 zig zag and then we look for a break down below wave 4 to indicate that it is complete.
It is expected that the minimum move will be back to the start of the pattern at around $3848.
Entry: Could be $6418 or a pullback to be confirmed.
Minimum Target: $3848
Stop: To be confirmed.
It is expected that the minimum move will be back to the start of the pattern at around $3848.
Entry: Could be $6418 or a pullback to be confirmed.
Minimum Target: $3848
Stop: To be confirmed.
Kommentera:
This is where things get interesting.
