ALEAFIA (ALEF)

I will have to wait for further confirmation. For example the first impulse. I think it's early and will have to watch out over the next couple of weeks what develops. If price breaks below. it means structure has changed and it Becomes invalid.

***Disclaimer: 'The above references an opinion and is for information purposes only. It is not intended to be investment advice or Financial Advice'

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Would Like to see the 21 MA Cross above the 50 EMA. Then see the 21 MA be used like support. Just like it did in the past.

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Broke above the 21 MA. Now let's wait for a Cross.

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Wave C 1.618 from point 0-A. I will be sharing a chart shortly, with almost the exact Expanded Flat pattern.

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Key difference. ALEAFIA is a ZIGZAG Correction. ALEAFIA has a large divergence on the daily, ALEFIA is oversold on the RSI. EURAUD at this point has no daily divergence, Was not oversold, and price was trading at new highs at the time.

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LiveLoveTrade

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