Quick update
Earlier today I posted a possible 1 wave. It has already confirmed and it is possible that the correction has completed. If so, another impulsive wave up could be imminent.
It is possible that it goes down to the lower blue line on the pitchfork and then an impulsive wave could take place.
This chart is only at the 5-minute level. So, this can mean a larger trend up.
This isn't financial advice. This is my interpretation of the charts using Elliot waves and Fibonacci tools.
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The blue count is invalidated now and needs to be re numbered, as the 4 corrective wave overlapped my 1. But the target for 3 can still be in effect.
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And we have surpassed the mark as expected. I did have to renumber them. But now we can start to project for a larger structure. We have a new target.
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