A min subwave iii 's appeared to be a diagonal with the thrust to $64.53. Now, the subwave iv is "jumping" to someware between $67-$73 in the wave c in the upper irregular flat wave IV.
There should be (but not obligatory) a bullish RSI divergence for a further subwave v in the wave c to complete IV above the strong resistance for this IV at $58.35 (the top of I marked by the up arrow) and near or lower $62,32 - fib 50% of the length between II ($44.34 dd 20 Jun 17) and III ($80.47 dd 17 May 18).
There should be (but not obligatory) a bullish RSI divergence for a further subwave v in the wave c to complete IV above the strong resistance for this IV at $58.35 (the top of I marked by the up arrow) and near or lower $62,32 - fib 50% of the length between II ($44.34 dd 20 Jun 17) and III ($80.47 dd 17 May 18).
Trade closed: target reached
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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.