After the exhaustive illustrations of yesterday which pointed to a zig-zag move with the first target of 5940--nothing much remains.
Expected zigzag's subwave A ended as a 5w Impulse at 5964 and retraced 50% of its length so far:
.png)
As
A=6042-5964=78
B=5964-6005* 61.8% retracement means 6012
C to follow.
Ideally C=A.
Expected zigzag's subwave A ended as a 5w Impulse at 5964 and retraced 50% of its length so far:
.png)
As
A=6042-5964=78
B=5964-6005* 61.8% retracement means 6012
C to follow.
Ideally C=A.
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