Monday, November 06, 2017 9:08:55 PM
Waiting for the wave 3 AVXL rally....
If the bottom is at 3.33 and the first wave peaked at 5.15, and the wave 2 retrace fell to hold at 3.80, then the next rally should be the larger "wave 3" an the Fibonacci projection math target zone is around 6.25/6.50/6.75 area. the "wave 5" finish target zone is 7.75-8.00 area. maybe 8.50/8.30 area. at he very least should retest the old peaks at 6.50 area.
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If the bottom is at 3.33 and the first wave peaked at 5.15, and the wave 2 retrace fell to hold at 3.80, then the next rally should be the larger "wave 3" an the Fibonacci projection math target zone is around 6.25/6.50/6.75 area. the "wave 5" finish target zone is 7.75-8.00 area. maybe 8.50/8.30 area. at he very least should retest the old peaks at 6.50 area.
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