Price suggested that 5 waves move from the low of $1782 has ended at the peak of $1829 and now suggesting price to make a pullback.
On 4hr tf chart. price may suggest that the 5 waves move could be wave (A) of (Y) of an WXY Corrective Wave structure from the low of $1752. Expecting this pullback to end somewhere 50% fib retracement from low of 7th January before climbing for another last high for Wave (C) of (Y) before a decline to happen.
On 4hr tf chart. price may suggest that the 5 waves move could be wave (A) of (Y) of an WXY Corrective Wave structure from the low of $1752. Expecting this pullback to end somewhere 50% fib retracement from low of 7th January before climbing for another last high for Wave (C) of (Y) before a decline to happen.
