Lots of fib levels on this one so its a bit of a mess. Important information on chart and in text below
Currently in Wave 5
Subwaves 1-2 Completed
Wave 3 Extended past 1.618
With wave 3 extension we should assume .786 of waves 1-4
With subwave 1-2 completed in wave 5 Fib level of 1.618 reaches 1615
.786 extension target of primary waves 1-4 reaches 1590
Target price 1590-1615
Currently in Wave 5
Subwaves 1-2 Completed
Wave 3 Extended past 1.618
With wave 3 extension we should assume .786 of waves 1-4
With subwave 1-2 completed in wave 5 Fib level of 1.618 reaches 1615
.786 extension target of primary waves 1-4 reaches 1590
Target price 1590-1615
Сделка закрыта вручную:
Closing trade @ 1502. Considering how close we came to target and the count having us in 5th wave I would rather take profit early then risk being caught in the wave down. 13.64% profit