Hello guys,
here is my first article on this website. Above my analysis we are now in 4th wave and looking for end of 4th wave. According trend lines I expect local peak about 4800$.
Reach point of 5200$ is very unlikely by me.
On the next stage after this local peak I am awaiting bottom of long correction C. The bottom will be probably around 2750$.
My counting of waves is very simple and I love simplicity. In this waves movement is essential extension of wave 2 due triangle correction.
If you like my analysis, let me know. I have another ideas about long term analysis in next years.
Thanks for watching
Drtitel
here is my first article on this website. Above my analysis we are now in 4th wave and looking for end of 4th wave. According trend lines I expect local peak about 4800$.
Reach point of 5200$ is very unlikely by me.
On the next stage after this local peak I am awaiting bottom of long correction C. The bottom will be probably around 2750$.
My counting of waves is very simple and I love simplicity. In this waves movement is essential extension of wave 2 due triangle correction.
If you like my analysis, let me know. I have another ideas about long term analysis in next years.
Thanks for watching
Drtitel