5 Aug 2020 ● 12:02 PM
Alumimium Futures [CFD] went past the point where 3=1. The broader channel is still in plce for wave 3 and the top end is near1810 as the next resistance. If wave 3 is extended we can use Fibonacci ratios to calculate the next level. Wave 1 multiplied by 161.8%, and yes measure wave 1 in % terms. So you will get close to 19-20%. That can put us close to 1860 or a little higher.