US30 idea based on Elliot Wave Theory And Fibonacci Ratio
DIACLAIMER: This idea analysis only for educational purpose.
As we see now, Dow Jones is still in correction phase/cycle to complete the fourth wave which have 3 subdivision or wave and the third Wave is almost completed for zigzag correction. as long as the price didn't reach 34534.6 (FE161.8), this analysis still valid as it didn't reach the invalidation level.
My estimate projection is to expect All Time High (ATH) to complete Wave 5 with 5 subdivision.
I expect in the next few weeks, price will go up as it is going to complete the motive cycle.
As we see now, Dow Jones is still in correction phase/cycle to complete the fourth wave which have 3 subdivision or wave and the third Wave is almost completed for zigzag correction. as long as the price didn't reach 34534.6 (FE161.8), this analysis still valid as it didn't reach the invalidation level.
My estimate projection is to expect All Time High (ATH) to complete Wave 5 with 5 subdivision.
I expect in the next few weeks, price will go up as it is going to complete the motive cycle.
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