General Tone:
We hit the 0.618 fib region at the $8,250 range support. I see a possible retracement to $8600-$8600 range before further correction to complete the final wave. My target stands at $7,650 ranges.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral-Bearish
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019
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Hi sempai.
why not like this?
i'm just using fib extensions. definitely possible to get extended waves
i understand. because of your rule : 1:1 extension of wave 1 for wave 3 and to 1.618 for last wave 5.
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