Given the recent price action - it pretty much invalidate a triangle as a possible B wave.
The bullish scenario could be this wavecount. The messy wave structure up with overlapping waves could be a leading diagonal then as wave 1.
the dayli and weekly rsi is bullish as well, and daily macd also bullish.
So a lot points to bullish momentum, although the wave count is not straightforward.
The bullish scenario could be this wavecount. The messy wave structure up with overlapping waves could be a leading diagonal then as wave 1.
the dayli and weekly rsi is bullish as well, and daily macd also bullish.
So a lot points to bullish momentum, although the wave count is not straightforward.
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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.