I am looking at past and present Price action with specific Geometry and Wave Analysis .
1. Being a Wolfe Wave/Ending Diagonal or a Complex Wave
2. Price having a Breakout of Trend
3. Corrections
When we look left we will see a previous Wave observation being either a Wolfe Wave /Geometry Wave /Ending Diagonal
Now we can either see the same kind of behavior or Price to make a complete reversal and head for a new high at 45.21 being a Fib point at reversal of a calculated Elliot Wave ( Ending Diagonal ) this can be seen much clearer on a Range Bar Chart .
1. Being a Wolfe Wave/Ending Diagonal or a Complex Wave
2. Price having a Breakout of Trend
3. Corrections
When we look left we will see a previous Wave observation being either a Wolfe Wave /Geometry Wave /Ending Diagonal
Now we can either see the same kind of behavior or Price to make a complete reversal and head for a new high at 45.21 being a Fib point at reversal of a calculated Elliot Wave ( Ending Diagonal ) this can be seen much clearer on a Range Bar Chart .
Kommentera:
Kommentera:
So Price made a Higher Correction as i mentioned and so close to the 45,21 as predicted , still think we will get there.
Kommentera:
My next possible Target and most likely a Possible Reversal/Correction Point .