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No $2000, target $35,000 or $55,000

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See attached drawings.
Ghi chú
ảnh chụp nhanh
Ghi chú
I really can't look at it anymore.
Ghi chú
Usually in a five-wave structure, the four-wave is an important point of retreat. But if the fifth wave of the structure is extended, the second wave of the extended fifth wave becomes the most important point. This is the first evidence to support 3200 rather than 2000.
Ghi chú
The position of 3200 was withdrawn by 38.2%. In 2000, 50% were withdrawn. As the fourth wave, is it not clear which withdrawal is more reliable? This is the second evidence to support that 3200 is the bottom.
Ghi chú
In addition, in the daily chart, the long-term average 210 (never touched before) is just below 3200. This is the third evidence.
Ghi chú
Finally, wave C retreat has emerged from a five-wave structure.
Ghi chú
You can wait for 2000, 2000 is certainly better than 3000, if you really have the chance to wait until this happens.
3000 is not worth a penny? Don't be kidding.
Elliott Wave

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