ENG looks to be breaking out
i've plotted the descending triangle in red where we were going downwards... until now that we've seen multiple green candles on the 4 hr, smashing through the upper red line.
now i've charted an upwards channel that we may see ENG play into. right now within the major C wave, we are in wave 1 of C.
i've plotted the fib lines w.r.t. wave A, and wave B corrects to the 0.38 fib level, which is more confirmation that we are likely to be in wave C.
now i've charted an upwards channel that we may see ENG play into. right now within the major C wave, we are in wave 1 of C.
i've plotted the fib lines w.r.t. wave A, and wave B corrects to the 0.38 fib level, which is more confirmation that we are likely to be in wave C.
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