Daily TF - It has completed 5 waves downtrend and ABC correction that confirmed reversal. Currently on an uptrend and it has completed 4/5 waves. 5th wave is underway or any short term correction is an extension of 4th wave as long as wave 1 high is not breached.
Monthly TF - It is trying to reclaim the 0.886 fib level on monthly. A close above this is going to send it, only a few more days left in the month for confirmation.
Monthly TF - It is trying to reclaim the 0.886 fib level on monthly. A close above this is going to send it, only a few more days left in the month for confirmation.
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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.