xlm finished its downward abc correction and has commenced its first and completed its second one. this was a risky second wave because it almost retraced more than 100% of wave 1 which would of rendered the impulse wave invalid. Although we can see that it bounced off the 1st waves target perfectly and did not exceed 100%. this leads me to believe that the 3rd wave is upon us and this is gonna be fun. These are my rough targets, as always they may reach below or above them based on the fibs.
Thanks and let me know what you think! :)
Thanks and let me know what you think! :)
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timeframe not calculated