Going further upwards
Last idea proved to be correct(see related idea below) so expecting future move upwards now.
Note
We just broke above a major downward trendline, support this idea of wave structure and bull power. Note
some consolidation now seems likely before more strong upward move. as major resistance above at fib 0,618 - 46.95, and price is current touched the upper Bollinger Band yesterday.Note
Breaking above important fib 0.618 (46.95) of current larger bearish wave now any moment
Note
Possible reversal now around 47 of bearish short term trend
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.