Great, we did 2.618 from green wave (1)
Structure for green (1)-(2)-(3) clearly enough, as I think.
With green (4) and (5) I have doubts.
Whole wave looks nice - we have extension in wave 5 and alternation between green (2) and green (4).
But, in any ways, last correction also approve, that this impulse is ending.
It will be good to meet with edge of blue channel, but for reason if it is a second wave, it can be deeper and longer by time.
Price reaches the edge of the blue channel.
I am expecting, that we can grow more, approximately to 31 500.
For now, just waiting for the reaction on the channel - will start a new wave up, or continue fall?
Because we don't get full structure to bottom for impulse, marked it to ABC, and it looks not so bad, I think.
I am expecting, that we have started building last green (5) to top, but possibility to fall to the edge of blue channel is confusing me.
Yep, channel's edge is very confusing me =)))
Yesterday on M15 TF we had break thrue the bullish edge, so the price started to build one more wave to down.
I am expecting level 29 400 as 100% of red (A), also it will be the edge of the channel.
Plus, it will have a divergence on RSI M15.
If the price will reach 28 700, it will be a surprise for me.