We’re evaluating the move from a purely technical perspective.
What do we see?
Three waves have already been completed, and not long ago the 4th corrective wave was finished.
After that, a larger fifth wave to the upside began.
This move did not start now - it began back in April 2025.
There is still a chance of a deeper pullback toward the 125 area, but the probability is relatively low.
In any case, such a correction would not affect the global targets.
Local targets:
180 -> 209 -> 238 -> 256
Global targets:
237 -> 269
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What do we see?
Three waves have already been completed, and not long ago the 4th corrective wave was finished.
After that, a larger fifth wave to the upside began.
This move did not start now - it began back in April 2025.
There is still a chance of a deeper pullback toward the 125 area, but the probability is relatively low.
In any case, such a correction would not affect the global targets.
Local targets:
180 -> 209 -> 238 -> 256
Global targets:
237 -> 269
---
Please subscribe and leave a comment.
You’ll get new information faster than anyone else.
---
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.