Looking very straight forward here
Wave 5 finished at the 2.618 Fib which is as standard as you'll get
Pulling back in a corrective wave now
Wave A also held and bounced on the 0.38 Fib too, so I would be looking for a rejection sooner before making a higher high, if this can come next, then Wave C is the target at the 0.5 Fib
Tom P
2024-10-04 18:49:08 +0000 UTC