According to my understanding, wave 5 terminates well beyond the beginning of wave 4 (wave 5 is still not complete)
Technical Section:
In this chart above, wave 3 is less than 161.8% of wave 1, as a result, the 5th wave overextends itself.
How often does this happen? Our "experience" tells us that it happens (very often).
Target : $ 42000 - $ 45000
Stop loss: $ 34000
Technical Section:
In this chart above, wave 3 is less than 161.8% of wave 1, as a result, the 5th wave overextends itself.
How often does this happen? Our "experience" tells us that it happens (very often).
Target : $ 42000 - $ 45000
Stop loss: $ 34000
Comment:
Trade closed: target reached:
What to expect next?