Impulsive wave in the expanding diagonal pattern is possible with a 3-3-3-3-3 formation.
Currently in the final wave 5 of C
Targeting 24k-27k level which is the:-
1. fib extension 127%
2. near the lower channel line
3. fib retracement 61.8%
4. completion of the expanding diagonal and the final wave
i might be wrong. trade with cautious. wait for a firm rebound which is when it penetrates the upper channel line.
Currently in the final wave 5 of C
Targeting 24k-27k level which is the:-
1. fib extension 127%
2. near the lower channel line
3. fib retracement 61.8%
4. completion of the expanding diagonal and the final wave
i might be wrong. trade with cautious. wait for a firm rebound which is when it penetrates the upper channel line.
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