So what I think is that we have completed Wave 4 correction and might be heading 5th wave rally. Before we discuss Wave 5 TGTs let us do some Fibo exercise and figure the Fibo relationship among the labelling. Fibo relations are excellent among the labelling which gives us a hint that Wave 5 may materialize. Minimum expectation is around 375 and if it gets extended we may even see 400+. If it breaches 298 the structure will be invalidated.
Yorum:
TGT done here
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