aidanb

aidanb

TP between 10886 (.618 trend-based fib ext) and 11214 (.786 trend-based fib ext + horizontal past resitance)

aidanb

TP 1.618 Extension before ABC correction

aidanb

If 4H close above top trend line, breakout confirmed. 3:1 risk to reward from marked entry/stop

aidanb

Retracement of last bullish wave to current ATH 0.12% Rising RSI + Support seem to show correction is likely over. We may consolidate here within the pennant formation, and we will breakout to whichever side has more "taps" which is looking to be upside.

aidanb

Bullish run end seems to coincide with the completion of two impulsive Elliot Wave fractals, entering the ABC correction phase of both. Feedback appreciated.