new wave B is composing..

new wave B is composing..
where is next target ? 0.236 or 1 ?

Commento:

do we get 3 in fibo which is 42230 ?
je ne pense pas,
first, We have two resistance in 2.718: 38570-38730 et 2.858: 40444-40650
if we past these two, we can expect 51500-49956 in one or 2 week,
if we reject from 3 or 2.858 in fibo we can expect 17220-14550 (begining with 24950)

Commento:

we've got rejected from 2.858 area ~ 40730
where are we going now ?
is 2.414 or even 2.618 (current price 37080) strong enough ?
...
it seems 37080 is a critical level to hold for more upward pressure to me in short term

Commento:

this time RSI is going to show a lower low which touch the red line again..
atleast 1.272 - 20570 (probably if we don't measure the shadow)