HTF weekly chart analysis shows that W3 is likely in at my $109.50 target posted 3-4 weeks ago in my group channel & here on TV as well.
The extended 3rd wave is actually structurally perfect. W3 hits the 1.618% fib extension as in most strong bullish momentum charts and forms a bearish hammer top on the weekly showing that the top of wave 3 is likely now in.
This being said W4 can hit the 618% fib retracement level around $97.32 or the 50% at $99.60 or even the 382% around $101.88.
As of now there's no way to be sure how wave 4 plays out but I expect Wave 4 to hit $98 and during this TF of the DXY W4 the stock market & crypto markets should outperform vs the DXY
and possibly we finally get the big blow off top to the SP500 around 6,000 and $78k BTC.
After that W5 will come fast and destroy any risk assets.
The extended 3rd wave is actually structurally perfect. W3 hits the 1.618% fib extension as in most strong bullish momentum charts and forms a bearish hammer top on the weekly showing that the top of wave 3 is likely now in.
This being said W4 can hit the 618% fib retracement level around $97.32 or the 50% at $99.60 or even the 382% around $101.88.
As of now there's no way to be sure how wave 4 plays out but I expect Wave 4 to hit $98 and during this TF of the DXY W4 the stock market & crypto markets should outperform vs the DXY
and possibly we finally get the big blow off top to the SP500 around 6,000 and $78k BTC.
After that W5 will come fast and destroy any risk assets.