LINK/USD

4
0
Share:

The show goes on for Link. 3 potential targets. $15 – $16 are the corrective targets as there is a chance that this correction can drag out until October 3rd. Otherwise, this fits the minimum criteria for a textbook 4th wave retracement with the primary targets of a terminal 5th wave at $19.90 or another move higher to $24 – $25. Breaking beyond that is when we can consider targets in the $35 – $40 range. However, this is extremely contrarian to my outlook on the rest of the market, so we will have to see how it plays out.