Update of earlier idea
We've got the first leg up, then deep retracement (yellow).
Now, the second leg up kicked off.
Target 151, leg 2 = leg 1
We've got the first leg up, then deep retracement (yellow).
Now, the second leg up kicked off.
Target 151, leg 2 = leg 1
Note
it goes well as expectedminor leg i (yellow) could be done and we are going to see a consolidation
that was charted for visualization
the price should retrace around 38.2-50% of minor leg i
then another leg up to hit the final target might start
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Disclaimer
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.