3-wave structure and the possibility of forming a Double Zigzag
In the weekly chart, the main 4th wave has been completed in the range of $ 1047, and the price is currently in subsets of the 5th wave, in which the price is also in wave IV. According to the weekly chart, the price level of $ 2200 can be achievable, and we can forecast the overall growth of the trend for the next year.
( Weekly Chart )
In the daily chart
Wave III has been ended in the range of $ 2075, and in IV Wave, due to the 3-wave structure, it is possible that the Double ZigZag pattern will be formed, according to this structure, we can consider short-term goals of $ 1735 to $ 1648.
In 240-minute chart, the details of the wave count have been shown
( Daily Chart )
( Weekly Chart )
In the daily chart
Wave III has been ended in the range of $ 2075, and in IV Wave, due to the 3-wave structure, it is possible that the Double ZigZag pattern will be formed, according to this structure, we can consider short-term goals of $ 1735 to $ 1648.
In 240-minute chart, the details of the wave count have been shown
( Daily Chart )
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