DJI seems to be in a "Minuette"-wave 3, with target 1,000 of its wave "1" (=25831), resp. "Subminuette"-wave 5 , with target 1,618 of its wave "1" (=25941). Both would give us the region for "tp?" as shown in the chart!
On the way up for this possible Subminuette"-wave 5, there are further two importent targets, wher theoretically this wave could stop at:
tp1: 25470, 0,618 of "Sub1" measured from the bottom of wave 4
tp2: 25650, 1,000 of "Sub1", dito
NOTE: Please keep in mind, that this whole leg, which started at wave "4" (blue), could also be part of a bigger picture as a wave "b". In this case, the following wave "c" would stop at much lower levels!
On the way up for this possible Subminuette"-wave 5, there are further two importent targets, wher theoretically this wave could stop at:
tp1: 25470, 0,618 of "Sub1" measured from the bottom of wave 4
tp2: 25650, 1,000 of "Sub1", dito
NOTE: Please keep in mind, that this whole leg, which started at wave "4" (blue), could also be part of a bigger picture as a wave "b". In this case, the following wave "c" would stop at much lower levels!
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Detailed view on 15m:
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"Minuette"-waves are red, "Subminuette"-waves are grey and "Micro"-waves are magenta!
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Please scroll out of the chart in case you want to see the tp of the so called "bigger picture". Thx for reading!
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If you stick to the rules, there is one important thing, to be considered: The target for a wedge or pennant is 1,0, measured from the start to the first peak, added to the breakout point. This gives you an interesting tp of 26700...
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US30USD H4:
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US30USD on 1H
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tp2. THIS IDEA IS NOT VALID ANYMORE!