I know it's a very long forecast but I see this as wave E of a wedge (3 wave correction).
It appears to be breaking out of wave A and starting wave B (see snapshot in comments)
Lets see what happens on the 1H level but there may be a long corrective B wave before completing the move to the bottom of the channel
Does not look good for trading at the moment.
Follow for updates as this develops
Steve
It appears to be breaking out of wave A and starting wave B (see snapshot in comments)
Lets see what happens on the 1H level but there may be a long corrective B wave before completing the move to the bottom of the channel
Does not look good for trading at the moment.
Follow for updates as this develops
Steve
코멘트:
1H close up
코멘트:
On target
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