After the last couple of lethagic days with what many desribed as horrendous PA (myself included), we have finally seen some action. The way that the price is resolving would indicate that we have put in waves 1-3 of this first impulse since the correction from ATH. if this plays out then we are currently setting up for the fifth wave of this first impulse that will set us up for a move toward higher prices.
After the fifth wave compeltes (if I am right I predict this to happen by the next daily) then we can expect a correction to put in wave two of the larger degree and set us up for a big wave 3.
This is low time frame analysis so it may actually change very soon but I will keep this post updated accordingly.
Glad to be back guys. Keep winning, we're all gonna make it.
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.