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Wednesday, January 8, 2014

Facebook - Wave v of V is almost done.

(Please click on the chart to see it better)
Facebook:
 
Please see my last post on Facebook here:
 
I have re-calculated the possible targets for wave V and we should only expect wave v of V to move slightly higher to 59.40 before an important top is in place. A break below 55.65 confirms, that wave v of V is in place and a correction towards the low of wave IV of one lessor degree at 43.56 is developing.
 
Even though I only expect wave v of V to move slightly higher to 59.40 it could extend and move higher towards 98.19, but at this point I find it less likely.
 
I hope you have enjoyed this ride higher from 17.55. Almost right at the bottom I nailed this one see the Bottom call here.
 
 

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