I just wanted to share this chart with the higher level targets for Wave 3 and Wave 4.
The 1.618 Fib is taken from Wave 2 completing on the 0.618 Fib, as I can not rule this out right now, either way, Wave 3's target will be between $45 - $47
I want Wave 2 to be complete now and break out above the 200 Day MA next at $17.30, when this happens we can confirm Wave 3
But for now, we are still in this descending wedge which is a bullish formation.
So sit pretty, let the price action to all the work and add again on the next higher low or alternatively wait until $17.30 is flipped to support to get a lower risk entry.
That's all we need to do for now....great day and up +18% and sustaining the strength, can't ask for more.
Catch you all in the morning.
WallyN 🇷🇴
2025-02-19 08:36:46 +0000 UTCKevin J
2025-02-19 06:43:30 +0000 UTCAlex
2025-02-19 04:58:09 +0000 UTCDaniel
2025-02-18 23:06:03 +0000 UTCScott
2025-02-18 22:48:08 +0000 UTCFederico Salerno
2025-02-18 22:20:44 +0000 UTCTommyJR
2025-02-18 21:41:39 +0000 UTC