- On D1 we see that, during an uptrend, the price adjusted to the Fibo 50 golden ratio area, then rebounded strongly, this is quite consistent with wave 2 in Elliott.
- If the current rhythm is exactly wave 3, there will be the following TP levels that will return at the golden ratio, also coinciding with the old peak, even creating a higher peak at the fibo 1.0 zone of 5k3.
- We will officially confirm that this is wave 3, once the price breaks peak 1, but it is not necessary to wait for peak 1 to enter the line, but you can enter right now, because the current sl level is quite low at fibo 50, because when fibo 50 is breached, the automatic selling force will be strong, then it will no longer be wave 2 in Elliott. Which one are you interested in in this uptrend? Sharing here, I will select and upload my personal opinion for reference!
