Hello guys,
here is my first article on this website. Above my analysis we are now in 4th wave and looking for end of 4th wave. According trend lines I expect local peak about 4800$.
Reach point of 5200$ is very unlikely by me.
On the next stage after this local peak I am awaiting bottom of long correction C. The bottom will be probably around 2750$.
My counting of waves is very simple and I love simplicity. In this waves movement is essential extension of wave 2 due triangle correction.
If you like my analysis, let me know. I have another ideas about long term analysis in next years.
Thanks for watching
Drtitel
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