The wave we've traced is defined as
A=1160
B=2075
C=1676
1) V Calculation = B + (B – C)
2) N Calculation = C + (B – A)
3) E Calculation = B + (B – A)
4) NT = C + (C - A)
so,
V = 2075 + (2075 - 1676) = 2474
N = 1676 + (2075 - 1160) = 2571
E = 2075 + (2075 - 1160) = 2990
NT = 1676 + (1676 - 1160) = 2192
A single candle has pushed us past both B and NT. We technically need a full candle body above B for confirmation, but the 5 lines all pointing straight upwards, and no apparent barriers in our way, I would consider the projected targets to be in play.
Consider this post in relation to my longer term projections shown in the related post
thanks for reading
A=1160
B=2075
C=1676
1) V Calculation = B + (B – C)
2) N Calculation = C + (B – A)
3) E Calculation = B + (B – A)
4) NT = C + (C - A)
so,
V = 2075 + (2075 - 1676) = 2474
N = 1676 + (2075 - 1160) = 2571
E = 2075 + (2075 - 1160) = 2990
NT = 1676 + (1676 - 1160) = 2192
A single candle has pushed us past both B and NT. We technically need a full candle body above B for confirmation, but the 5 lines all pointing straight upwards, and no apparent barriers in our way, I would consider the projected targets to be in play.
Consider this post in relation to my longer term projections shown in the related post
thanks for reading
