[EW] ASX:FMG correction nearing completion

24 มี.ค. 2021

Hi everyone

FMG has been in a minute degree correction since 7-8th Jan, it played out as a running flat (?). Seen a few of these across various charts and they're supposed to be rare lol.

Anyway, all the necessary internal waves seem to have played out which given the high degree .618 point of 18.82 leads me to believe this micro fifth will truncate, and begin the minute fifth.

We will see very shortly!

NFA, DYOR

29 มี.ค. 2021

บันทึก

Correction completed sooner than expected, wave (c) is complete. I got an average of 19.715 which was way above my target of 18.80 but it's 20.44 as of writing so I can't complain

29 มี.ค. 2021

บันทึก

Micro 3 was either micro 5 and I missed an internal count, or micro five truncated (see beginning of Mar 24th session).