Goodmorning everyone,
the corrective wave 4 (minor) now seems to have stopped, and wave 5 (minor) has started,that is a bullish propulsive wave. Currently we are at the beginning of wave 3 (minute), with input signal confirmed by Supertrend. Objective fixed with Fibonacci where wave 3 (minute) would assume equal extension of wave 1 (minute). I remember that wave 3 is never the shortest wave in a propulsive movement. Supertrend is used by trailing stop.
the corrective wave 4 (minor) now seems to have stopped, and wave 5 (minor) has started,that is a bullish propulsive wave. Currently we are at the beginning of wave 3 (minute), with input signal confirmed by Supertrend. Objective fixed with Fibonacci where wave 3 (minute) would assume equal extension of wave 1 (minute). I remember that wave 3 is never the shortest wave in a propulsive movement. Supertrend is used by trailing stop.
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