LICHSGFIN is in 2nd wave of its Intermediate Cycle. Its near to completion of Intermediate cycle 1 & 2.
We are assuming .618x retracement for intermediate wave 2, however, it may retrace up to beginning of
wave 1. Normally it depends on the particular instrument's personality, and for Primary cycle LICHSGFIN
has retraced more than .786x of primary wave I.
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We are assuming .618x retracement for intermediate wave 2, however, it may retrace up to beginning of
wave 1. Normally it depends on the particular instrument's personality, and for Primary cycle LICHSGFIN
has retraced more than .786x of primary wave I.
Please like if you like my analysis.
Regards