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TTCF target 21 for ABC retracement

We do seem to have a clear 5 waves up off the lows made earlier in the month, and coming off those highs, we currently only have 1 wave down. For a full retracement, we need an ABC pullback, so that could include a B wave bounce to around 24, and then ending in the C wave around 21. If this is the case, then there could be a more long-term bullish outlook, because of the macro 1-2 start.
Disclaimer: The proceeding content is informational only and based on information available when created. It is not an offer or a solicitation nor is it tax or legal advice. It does not consider your financial circumstances and objectives and may not be suitable for you.
Copyright Rohan Karunaratne 2020
Disclaimer: The proceeding content is informational only and based on information available when created. It is not an offer or a solicitation nor is it tax or legal advice. It does not consider your financial circumstances and objectives and may not be suitable for you.
Copyright Rohan Karunaratne 2020
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