The bullish scenario played out as expected. I am keeping my eye on this potential wave count:-).
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it looks as if the 5 waves are in. We could have a bigger correction down to 11.2 K in a zig zag. Lets see
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If its not finished we get only a small correction to around 12.7 and then up again
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I have updated my bigger wave count and targets, see this
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the current 5 wave move from 9.8 K could be very near finished (around 13.7 K is possible reversal area
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it is also possible that it is only wave 3 we are about to finish
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picture becomes clearer as the waves unfold- almost crystal-clear. this 5 wave move is far from over. Wave 3 of this move has not finished. can't say about end targets yet but 15k or higher is likely. for this particular 5 wave structure. I have updated the wave count. Enjoy
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We finished the zigzag and continue up. There is a possibility that 5th wave of the 3rd could be ext all the way to 16.4 to finish the 3rd wave. We will have to see. It is also possible that the wave up to 14,1 was end of the 3rd - I do not think so however.
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