Targets 1 and 2 have been hit from my previous TA beginning this C wave.
We will be targeting $6,000, retesting the previous bottom a few weeks back.
If we get an extended 5th wave then we can target to a low of $4,500 which also supports our 1.618 fib extension.
Retracements are very weak which shows strong bearish sentiment.
We will be targeting $6,000, retesting the previous bottom a few weeks back.
If we get an extended 5th wave then we can target to a low of $4,500 which also supports our 1.618 fib extension.
Retracements are very weak which shows strong bearish sentiment.