Finishing its 5 wave downward pattern, kmd is looking good. Firstly forming an inverted hammer candlestick suggesting a bullish reversal. On the other hand we also have the abc upwards correction pointing to even a short term reversal. I also expect a 5 wave impulse wave up after the candlestick.
The abc isnt really a target, just a rough draft.
Cheers and let me know what you think! Thank you! :)
The abc isnt really a target, just a rough draft.
Cheers and let me know what you think! Thank you! :)
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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.