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Possible elliot wave in formation, wave 1 and 2 complete

136
The wave three could reach 1.618 fib extension. Since wave 2 did not retrace much, i expect bigger retrace on wave 4. Wave 5 will target diagonal resistance that has been forming for a while now.
los_
elliottimpulsewaveelliottwaveprojectionWave Analysis

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elliottimpulsewaveelliottwaveprojectionWave Analysis
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.