Wave 3-sub-5 top was 42.66, and wave 4 plunged into 30.12.
Since 30.12, Final wave 5 started. The portion of 5-sub-4-abcde was an expanded
Diagonal reversal-triangle type. So 50.16 looks like a Final Top of wave 5, however
it might be able to go one more leg up to 52.52:
(30.12 + (42.66-6.41) x Fib. 61.8%=52.52 )
Cf.:
On the other hand, if 44.30 ( Dec. 17 low) will be breached first, The trend will be dramatically
changed into 33.45 area (total Fib.38.2% retracement of wave 1 thru 5) at least.
Nikita FX (climbingfx.jugem.jp/ )
Since 30.12, Final wave 5 started. The portion of 5-sub-4-abcde was an expanded
Diagonal reversal-triangle type. So 50.16 looks like a Final Top of wave 5, however
it might be able to go one more leg up to 52.52:
(30.12 + (42.66-6.41) x Fib. 61.8%=52.52 )
Cf.:
On the other hand, if 44.30 ( Dec. 17 low) will be breached first, The trend will be dramatically
changed into 33.45 area (total Fib.38.2% retracement of wave 1 thru 5) at least.
Nikita FX (climbingfx.jugem.jp/ )