Scenario 1:
found support and is completing wave E, which could be setting for a bullish breakout . Could still stretch out for a day or 2 yet which does fit the volume movement diminishing
Or the support could be completion of wave E and could be starting new wave 1. In which case I'll wait for completion of wave 2. That'd be the safer play.
found support and is completing wave E, which could be setting for a bullish breakout . Could still stretch out for a day or 2 yet which does fit the volume movement diminishing
Or the support could be completion of wave E and could be starting new wave 1. In which case I'll wait for completion of wave 2. That'd be the safer play.