ONTo ONT - Here's what I see
Updated
Looking like a very strong impulse Wave 1 just transpired with the textbook parabolic 5th wave. Based on the timeframes in play, i would expect a rough sketch of what is in the chart to transpire with the relatively flat ABC correction Wave 2 taking place before a potentially very profitable Wave 3. Aggressively looking at 50-70%.
Note
It's going to take a bounce off the bottom trend line here to avoid reversal. Our friend BTC made a mess of the markets this morning.Trade active
New idea posted - hope everyone scored the 50%+ here
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.