Hi All,
This idea is based on YuzukiChan's idea (thank you vey much!). Agree with Elliot waves structure - we had 5 waves impulse, then we had abc correction, now we starter impulse and withing this we had smaller correction impulse.
Targets are
Legend:
This idea is based on YuzukiChan's idea (thank you vey much!). Agree with Elliot waves structure - we had 5 waves impulse, then we had abc correction, now we starter impulse and withing this we had smaller correction impulse.
Targets are
- 1st - little below last top (this is also 127.1% of fibo extenstion from small correction move) (RR - ca 7.5
- 2nd - supposing price broke S/R zone - 161.8% this small correction
- 3rd - this is going to be too lucky, but 127.1% of bigger correction
Legend:
- Green lines - impulses,
- Red lines - corrections.
- Grey areas - S/R zones.
