WBT 1.21% $2.51 weebit nano ltd

Should be coming in to the 5th subwave of the second EW impulse...

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    Should be coming in to the 5th subwave of the second EW impulse wave set since the bounce from 524 - which makes this entire set wave 3 of the super EW wave set (where the first 5 waves make wave 1, the following correction makes wave 2, and this set makes wave 3). Next target is between 562 and 575. 562 comes from the height of wave (i) matching the height of wave (v), BUT the entire set is meant to get to 575 minimum as that is the 168% fib of the wave 1 super set and thus the target for this set, so I am leaning towards 575 as the target before it retraces significantly. There should be one more rising 5 wave impulse wave set after that, but we will have to wait for the correction pattern to set the target of that wave set.

    Anyway, 562 is the minimum expected and the high probability is that it should hit 575 or exceed it a bit, and then retrace. I am expecting the target to be reach pretty soon today.

    https://hotcopper.com.au/data/attachments/5481/5481081-c6fd9784e3564e810ed4cccc8b57dc21.jpg
    Last edited by Darkstone: 04/08/23
 
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