$FUBO
Added 2023-08-07 18:30:38 +0000 UTCVery good lesson to take here from $FUBO:
We can see that Wave 3 hit exactly at the 1.618 Fib, pulled back and held support on the 200 Day MA on the 1hr chart and then bounced to the 2 Fib at $3.85.
We always set Wave 3 to the 1.618 Fib, which is the ideal area to set Wave 3, as can be clearly seen on the $AAPL chart, we also like to see Wave 5 finishing at the 2 Fib.
A corrective count always comes after an impulse wave 5.
So if $FUBO is to complete the perfect Wave 1 and Wave 2 structure, we should see its ABC count finish at the 0.618 Fib at $2.08, which would have Wave 2 complete and Wave 3 is next.
Comments
Thank you!
Mohammed Mamoun
2023-08-09 09:57:03 +0000 UTCyour nailing it 💥
JessyyRabbit
2023-08-08 20:01:42 +0000 UTCMuch appreciated thank you!
Barney
2023-08-07 20:28:45 +0000 UTCI'll chart a long term $FUBO soon
Gareth Neary
2023-08-07 20:21:21 +0000 UTCWould be great if you could provide a medium/long term chart of this if possible?
Suhas Chatekar
2023-08-07 20:10:16 +0000 UTCWhat price would the macro wave 3 and 5 targets be? Great chart as always Gar thank you
Barney
2023-08-07 19:16:47 +0000 UTCthanks so much!!
JessyyRabbit
2023-08-07 18:31:38 +0000 UTC
