POST NUBILA PHOEBUS or not Y3t //

By teslanikola1234
Updated
Falling Wedge// . look closely on breakout of a trend line and VOLUME

Everything is described on TA ///

Hopefully this is the end of correction, but we have to be patient and rather 'lose' some of the profits, market will give us more chances anyway :)

So be patient with buy orders

TARGET: target should be previous support/resistance level, also I am going to update this idea in relation to it's development

gOOD luck Everyone :)

Please feedback, comments ... ///
Comment
snapshot

I'd say You can go LONG, just consider sizing of Your positions :)

Good luck
Comment
Hello, just to mention, Yesterday VOL. : 9.300.000
Today (till this time) : 12.300.000

This is very good indicators, means large investors coming into the market.

By Elliot Wave rules, any reversal suppose to be followed by large Volume //

Good luck
Comment
Now, we can see potential reversal, but we have to be patient //best buying opportunity is when downtrend falling edge is break //

I will update when we should enter long position //

Best of luck
Falling WedgeTrend Analysis

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