I have added in the white fib levels now as we are certainly in a pull back after Wave 5 extended beyond the 3.618 Fib and has lost this level on the retest.
Price is already below the 0.236 Fib too and 50 MA on the 1hr chart, so I expect a pull back to at least the next Fib level at 0.38 which is $0.042.
I can see that there are 3 waves in this pull back and we are in the 3rd wave now, so this pull back may not go all the way to the 0.618 Fib....so once support is found, I am happy it will reverse higher again and the next target is $0.081.
HS
2024-12-07 21:07:32 +0000 UTCBrian
2024-12-07 19:35:14 +0000 UTCJoey Bone
2024-12-07 18:03:15 +0000 UTC