• A corrective 3 waves move labelled as ABC • Subdivision of wave A and B is in 3 waves • Subdivision of wave C is in 5 waves impulse / diagonal • Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double three, triple three • Wave B terminates near the start of wave A • Wave C generally terminates slightly beyond the end of wave A • Wave C needs to have momentum divergence
Fibonacci Ratio Relationship • Wave B = 90% of wave A • Wave C = 61.8%, 100%, or 123.6% of wave AB
Комментарий
Turns out it is and expanded flat. Expect a total of 5 waves down. Wave 1 and 2 are complete and wave 3 is in progress. Target based on wave A of the expanded flat and wave 1 of C is around 40k
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