Affirm developing a 4th

Nov 17, 2021

After what I think was an extended iii wave seems that price is correcting that could take us to the 23.80% Fib or 38.2% Fib retracement where we could see a bounce back to the upside looking for a v. If that happens we would have a 1 followed by a 2 that could retreat 61.8% Fib of 1. If entering a trade at the end of iv I would set the take profit at the 38.2% Fib Ext. or 61.8 Fib Ext., I would not risk to go beyond as the 2 wave will come sooner than later and tends to be a big retracement in price.