According to Elliott’s classic rule, if wave 2 is deep, wave 4 is usually shallow. Based on that principle, the fibo23.6 to fibo38.2 zone could be enough for this correction, meaning the zone where it corrected. Under this assumption, the wave 5 target could extend into the green zone
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According to Elliott’s classic rule, if wave 2 is deep, wave 4 is usually shallow. Based on that principle, the fibo23.6 to fibo38.2 zone could be enough for this correction, meaning the zone where it corrected. Under this assumption, the wave 5 target could extend into the green zone