FMG — Wave 3 Expansion Continues With Macro (5) in Progress
FMG remains in a strong higher-timeframe Wave 3 expansion, with the internal macro structure developing cleanly. Macro Wave (4) has already completed after a controlled corrective phase that held within the 0.236–0.382 retracement zone, reflecting continued institutional accumulation rather than distribution.
Price is now advancing through macro Wave (5), which itself is unfolding in five micro waves. Micro Waves 1–4 have already formed, with micro Wave 4 completing as a shallow pullback that preserved bullish market structure and respected prior demand.
The current phase represents the early progression of micro Wave 5 inside macro Wave (5), all within the broader and still-developing Wave 3. Fibonacci extensions across both macro and micro degrees align toward higher continuation targets, supporting the ongoing structural trend.
As long as the market maintains key structural lows, the directional bias remains firmly upward, with price positioned to complete the remaining segment of this Wave 3 cycle.
⚠️Disclaimer
This analysis is provided for educational purposes only and does not constitute financial advice. Trading financial markets involves risk, and you are solely responsible for your own investment decisions. Always conduct your own research and use proper risk management.
If you found this analysis valuable, leave a like, drop your thoughts in the comments, and follow for more structured market insights.
FMG remains in a strong higher-timeframe Wave 3 expansion, with the internal macro structure developing cleanly. Macro Wave (4) has already completed after a controlled corrective phase that held within the 0.236–0.382 retracement zone, reflecting continued institutional accumulation rather than distribution.
Price is now advancing through macro Wave (5), which itself is unfolding in five micro waves. Micro Waves 1–4 have already formed, with micro Wave 4 completing as a shallow pullback that preserved bullish market structure and respected prior demand.
The current phase represents the early progression of micro Wave 5 inside macro Wave (5), all within the broader and still-developing Wave 3. Fibonacci extensions across both macro and micro degrees align toward higher continuation targets, supporting the ongoing structural trend.
As long as the market maintains key structural lows, the directional bias remains firmly upward, with price positioned to complete the remaining segment of this Wave 3 cycle.
⚠️Disclaimer
This analysis is provided for educational purposes only and does not constitute financial advice. Trading financial markets involves risk, and you are solely responsible for your own investment decisions. Always conduct your own research and use proper risk management.
If you found this analysis valuable, leave a like, drop your thoughts in the comments, and follow for more structured market insights.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.