$ASML – Flat Correction Complete, New 5-Wave Cycle in Progress

[size=16]ASML – Flat Correction Complete, New 5-Wave Cycle in Progress[/size]

ASML appears to have completed a regular flat correction (A–B–C) between 2022 and 2024, retracing nearly all of the prior advance from the 2020–2021 highs.
The impulsive recovery from the €560 low suggests the next major motive wave sequence has begun.

Structure

• Wave A: €777 → €400 (5-wave decline)
  
• Wave B: retrace to ~€780 (≈95% of A)
  
• Wave C: final low at ~€560 (5-wave form, RSI divergence)
  

This fits a 3–3–5 regular flat correction, marking the end of the prior cycle and the start of a new bullish phase.

Fibonacci Wave Targets and timeline estimate (approx.)

• Wave 2: 0.382–0.618 retrace → €710–€640 , Q3–Q4 2025
  
• Wave 3: 1.618 × Wave 1 → €1,150–€1,250 , Q1–Q4 2026
  
• Wave 4: 0.236–0.382 retrace → €950–€1,000 , early 2027
  
• Wave 5: 0.618–1.0 × Wave 1 → €1,300–€1,400 , mid 2028
  

If this count holds, the full impulse could unfold over roughly three years (2025–2028), targeting the €1.2K–€1.4K zone at the upper boundary of the long-term channel.

ASML’s corrective phase appears complete. Holding above €640–€700 would confirm a sustained bullish cycle targeting new all-time highs in the coming years.