Hi everyone,
So we are still on track to reach our Wave 3 target, nothing has invalidated our plan at this stage.
Yes, we have broken out of the rising wedge, yes we have tested the top of the wedge, but it's not been a decisive confirmation that we have broken it to the upside yet, the next few hours are important to watch.
Keep drawing new fibs from the...
Hi all,
Fist things first....
Not financial advice, merely sharing my learnings and application of tools in determining price action within the market.
If we hold the price of the previous high, we will most likely move up to the top of the wave. If we break the support of the previous high, and break the rising wedge, look for the next levels of support we...
Merely my perspective.
Looking at the macro trend which was broken and the strong upwards move that followed, a FIB retracement if honoured could cause the following to play out.
DYOR
