After finishing impulse wave 1, we did corrective wave (stopped at 0.618 level) (2) and now according to my calculations, it should reach 24 which will be 1.618 extension of current level. I hate to say this, but it will reach 25 sooner or later in my opinion.
Note
It reached 0.786 level on bigger scale. This is maximum retracement level. It will bounce upwards from here.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.