Good day ladies and gents,
I wanted to wait til (4) was done to give you this easy win. Wave (3) was exactly 2.618 of (1) so (5) likely will be 3.618 within the same projection. (4) was a perfect 1 to 1 ABC zig zag that corrected to 50% retracement of (3). We should expect wave (5) to target the 5300 range.
Entry Above 200MA for the 4hrs
Stop below 3900
Target 4500 - 5300
R/R ratio: 1:8
Good luck and stay safe!
Kinashi San
*For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
I wanted to wait til (4) was done to give you this easy win. Wave (3) was exactly 2.618 of (1) so (5) likely will be 3.618 within the same projection. (4) was a perfect 1 to 1 ABC zig zag that corrected to 50% retracement of (3). We should expect wave (5) to target the 5300 range.
Entry Above 200MA for the 4hrs
Stop below 3900
Target 4500 - 5300
R/R ratio: 1:8
Good luck and stay safe!
Kinashi San
*For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
