COMBINED METHOD: TREND line, FIBONACCI projection, ELLIOT waves
It faked us out before but this time looks for real going Into Elliot wave 3 now.
Higher high, higher lows, Cleared down-trend line, pass the retest, pass double top...
End of wave 3 by Fibonacci projection, a very conservative target is 22250 Sat. More likely will be above 29000.
Will make short stops with plenty of resistances along the way. LOTS of WEAK hands on this market so be ready for some flash dump, shouldn't be too much of a problem overall.
It faked us out before but this time looks for real going Into Elliot wave 3 now.
Higher high, higher lows, Cleared down-trend line, pass the retest, pass double top...
End of wave 3 by Fibonacci projection, a very conservative target is 22250 Sat. More likely will be above 29000.
Will make short stops with plenty of resistances along the way. LOTS of WEAK hands on this market so be ready for some flash dump, shouldn't be too much of a problem overall.